Imperial Brands (OTCMKTS:IMBBY) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s Why

Imperial Brands PLC (OTCMKTS:IMBBYGet Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $31.19 and traded as high as $35.27. Imperial Brands shares last traded at $35.06, with a volume of 650,864 shares changing hands.

Imperial Brands Price Performance

The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.36 and a current ratio of 0.72. The business has a 50-day moving average price of $33.35 and a 200 day moving average price of $31.19.

Imperial Brands Cuts Dividend

The business also recently announced a dividend, which will be paid on Monday, April 7th. Stockholders of record on Friday, February 21st will be issued a dividend of $0.6779 per share. The ex-dividend date is Friday, February 21st.

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.

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