Imperial Brands (LON:IMB) Hits New 1-Year High – Here’s What Happened

Imperial Brands PLC (LON:IMB) reached a new 52-week high on Thursday . The stock traded as high as GBX 2,696 ($33.41) and last traded at GBX 2,696 ($33.41), with a volume of 2619432 shares traded. The stock had previously closed at GBX 2,662 ($32.99).

Imperial Brands Trading Up 0.3 %

The business has a 50 day simple moving average of GBX 2,588.71 and a 200-day simple moving average of GBX 2,333.23. The company has a current ratio of 0.64, a quick ratio of 0.41 and a debt-to-equity ratio of 217.64. The stock has a market capitalization of £22.82 billion, a price-to-earnings ratio of 1,176.09, a price-to-earnings-growth ratio of 16.51 and a beta of 0.42.

Imperial Brands (LON:IMB) last posted its quarterly earnings results on Tuesday, November 19th. The company reported GBX 297 ($3.68) earnings per share (EPS) for the quarter. Imperial Brands had a return on equity of 39.00% and a net margin of 11.44%. On average, equities analysts predict that Imperial Brands PLC will post 246.5723613 earnings per share for the current year.

Imperial Brands Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, February 20th will be given a GBX 54.26 ($0.67) dividend. This is an increase from Imperial Brands’s previous dividend of $22.45. The ex-dividend date is Thursday, February 20th. This represents a yield of 2.43%. Imperial Brands’s dividend payout ratio (DPR) is 6,652.17%.

Insider Activity at Imperial Brands

In other news, insider Lukas Paravicini sold 6,639 shares of the business’s stock in a transaction on Monday, December 16th. The shares were sold at an average price of GBX 2,615 ($32.41), for a total transaction of £173,609.85 ($215,156.59). Also, insider Jon Stanton bought 398,802 shares of Imperial Brands stock in a transaction on Monday, January 6th. The shares were purchased at an average cost of GBX 2,597 ($32.18) per share, with a total value of £10,356,887.94 ($12,835,404.56). Company insiders own 7.33% of the company’s stock.

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.