Imperial Brands (LON:IMB) Sets New 52-Week High – What’s Next?

Imperial Brands PLC (LON:IMB) shares hit a new 52-week high on Friday . The stock traded as high as GBX 2,654.04 ($33.13) and last traded at GBX 2,628 ($32.80), with a volume of 2536882 shares trading hands. The stock had previously closed at GBX 2,627 ($32.79).

Imperial Brands Stock Up 0.1 %

The company’s fifty day simple moving average is GBX 2,559.57 and its 200-day simple moving average is GBX 2,310.80. The firm has a market capitalization of £22.18 billion, a PE ratio of 1,143.04, a price-to-earnings-growth ratio of 16.51 and a beta of 0.42. The company has a debt-to-equity ratio of 217.64, a current ratio of 0.64 and a quick ratio of 0.41.

Imperial Brands (LON:IMB) last announced its earnings results on Tuesday, November 19th. The company reported GBX 297 ($3.71) earnings per share for the quarter. Imperial Brands had a return on equity of 39.00% and a net margin of 11.44%. On average, analysts forecast that Imperial Brands PLC will post 246.5723613 EPS for the current year.

Imperial Brands Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, February 20th will be given a GBX 54.26 ($0.68) dividend. This is a positive change from Imperial Brands’s previous dividend of $22.45. This represents a dividend yield of 2.43%. The ex-dividend date of this dividend is Thursday, February 20th. Imperial Brands’s dividend payout ratio (DPR) is presently 6,652.17%.

Insider Buying and Selling

In other news, insider Lukas Paravicini sold 6,639 shares of the stock in a transaction dated Monday, December 16th. The stock was sold at an average price of GBX 2,615 ($32.64), for a total value of £173,609.85 ($216,714.33). Also, insider Jon Stanton bought 398,802 shares of the firm’s stock in a transaction that occurred on Monday, January 6th. The shares were purchased at an average cost of GBX 2,597 ($32.42) per share, with a total value of £10,356,887.94 ($12,928,333.47). 7.33% of the stock is owned by company insiders.

About Imperial Brands

We are Imperial Brands, a global consumer-focused organisation and the fourth largest international tobacco company.

We’re driven by our purpose: to forge a path to a healthier future for moments of relaxation and pleasure. The world’s one billion adult smokers are seeking new and potentially less harmful products and we are committed to meeting their diverse and evolving needs.