Imperial Brands (LON:IMB) Hits New 12-Month High - Still a Buy?

Key Points

• Imperial Brands PLC shares reached a new 52-week high, trading at GBX 3,180.50 ($43.05) with a volume of over 3.8 million shares.
• The company's market capitalization stands at £25.72 billion, accompanied by a significantly high PE ratio of 1,063.42.
• Imperial Brands is positioned as the fourth largest international tobacco company and focuses on meeting the evolving needs of adult smokers with potentially less harmful products.

Shares of Imperial Brands PLC (LON:IMB - ) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 3,185 ($43.11) and last traded at GBX 3,180.50 ($43.05), with a volume of 3818431 shares. The stock had previously closed at GBX 3,124 ($42.28).

Imperial Brands Stock Performance

The firm has a fifty day simple moving average of GBX 2,999.52 and a 200-day simple moving average of GBX 2,909.02. The company has a market cap of £25.72 billion, a PE ratio of 1,063.42, a price-to-earnings-growth ratio of 16.51 and a beta of 0.42. The company has a quick ratio of 0.41, a current ratio of 0.72 and a debt-to-equity ratio of 166.91.

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.

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