Imperial Brands (LON:IMB) Sets New 52-Week High - Should You 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.

Imperial Brands PLC (LON:IMB - Get Free Report) shares hit a new 52-week high on Thursday . The stock traded as high as GBX 3,185 ($43.48) and last traded at GBX 3,180.50 ($43.41), with a volume of 3818431 shares. The stock had previously closed at GBX 3,124 ($42.64).

Imperial Brands Stock Performance

The stock's fifty day simple moving average is GBX 3,024.95 and its 200-day simple moving average is GBX 2,920.82. The company has a quick ratio of 0.41, a current ratio of 0.72 and a debt-to-equity ratio of 166.91. The company has a market capitalization of £25.09 billion, a PE ratio of 1,037.38, a PEG ratio of 16.51 and a beta of 0.42.

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.