Imperial Brands (LON:IMB) Stock Crosses Above 50 Day Moving Average – Should You Sell?

Shares of Imperial Brands PLC (LON:IMB) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 2,526.33 ($30.74) and traded as high as GBX 2,597 ($31.60). Imperial Brands shares last traded at GBX 2,597 ($31.60), with a volume of 1,182,575 shares trading hands.

Imperial Brands Trading Up 0.2 %

The firm has a market capitalization of £21.95 billion, a PE ratio of 1,131.30, a P/E/G ratio of 16.51 and a beta of 0.42. The firm has a 50 day simple moving average of GBX 2,535.91 and a 200 day simple moving average of GBX 2,292.89. The company has a current ratio of 0.64, a quick ratio of 0.41 and a debt-to-equity ratio of 217.64.

Imperial Brands Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, February 20th will be given a dividend of GBX 54.26 ($0.66) per share. The ex-dividend date is Thursday, February 20th. This is a boost from Imperial Brands’s previous dividend of $22.45. This represents a dividend yield of 2.43%. Imperial Brands’s dividend payout ratio (DPR) is 6,652.17%.

Insider Activity

In other news, insider Lukas Paravicini sold 6,639 shares of the company’s stock in a transaction dated Monday, December 16th. The shares were sold at an average price of GBX 2,615 ($31.82), for a total transaction of £173,609.85 ($211,229.89). Also, insider Jon Stanton acquired 398,802 shares of the stock in a transaction dated Monday, January 6th. The stock was acquired at an average price of GBX 2,597 ($31.60) per share, for a total transaction of £10,356,887.94 ($12,601,153.35). Insiders own 7.33% of the company’s stock.

Imperial Brands Company Profile

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.