Imperial Brands (OTCMKTS:IMBBY) Shares Pass Above 200-Day Moving Average of $22.84

Imperial Brands PLC (OTCMKTS:IMBBYGet Free Report)’s share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $22.84 and traded as high as $24.44. Imperial Brands shares last traded at $24.42, with a volume of 71,434 shares traded.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada lowered Imperial Brands from an “outperform” rating to a “sector perform” rating in a report on Friday, December 8th.

Check Out Our Latest Analysis on Imperial Brands

Imperial Brands Stock Up 1.8 %

The company has a debt-to-equity ratio of 1.19, a current ratio of 0.72 and a quick ratio of 0.34. The firm has a 50-day simple moving average of $23.83 and a 200 day simple moving average of $22.84.

Imperial Brands Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, April 5th. Shareholders of record on Friday, February 16th will be given a $0.6544 dividend. The ex-dividend date is Thursday, February 15th. This is an increase from Imperial Brands’s previous dividend of $0.64.

About Imperial Brands

(Get Free Report)

Imperial Brands PLC, together with its subsidiaries, manufactures, imports, markets, and sells tobacco and tobacco-related products in Europe, the Americas, Africa, Asia, and Australasia. It offers a range of cigarettes, tobacco accessories, vapour, heated tobacco, and oral nicotine. The company sells its products under various brands, including JPS, Davidoff, Gauloises, West, Winston, Kool, Lambert & Butler, Fortuna, Nobel, News, Backwoods, Champion, Golden Virginia, Rizla, Blu, Pulze, Skruf, and Zone X.

Further Reading

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