Imperial Brands (LON:IMB) Reaches New 12-Month High - Should You Buy?

Imperial Brands PLC (LON:IMB - Get Free Report)'s share price hit a new 52-week high on Tuesday . The stock traded as high as GBX 3,117 ($41.43) and last traded at GBX 3,099 ($41.19), with a volume of 24449320 shares trading hands. The stock had previously closed at GBX 3,074 ($40.86).

Imperial Brands Price Performance

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 50 day simple moving average of GBX 2,858.36 and a 200-day simple moving average of GBX 2,664.04. The stock has a market cap of £26.22 billion, a price-to-earnings ratio of 13.23, a PEG ratio of 16.51 and a beta of 0.42.

Imperial Brands Increases Dividend

The company also recently declared a dividend, which was paid on Monday, March 31st. Investors of record on Thursday, February 20th were given a dividend of GBX 54.26 ($0.72) per share. This is a positive change from Imperial Brands's previous dividend of $22.45. This represents a dividend yield of 2.43%. The ex-dividend date of this dividend was Thursday, February 20th. Imperial Brands's dividend payout ratio is currently 64.80%.

Insiders Place Their Bets

In other Imperial Brands news, insider Stefan Bomhard sold 112,183 shares of the firm's stock in a transaction dated Monday, February 17th. The shares were sold at an average price of GBX 2,788 ($37.06), for a total value of £3,127,662.04 ($4,157,466.49). Also, insider Alan Johnson bought 1,397 shares of the stock in a transaction dated Tuesday, February 11th. The shares were bought at an average cost of GBX 2,862 ($38.04) per share, with a total value of £39,982.14 ($53,146.54). 7.33% of the stock is currently owned by corporate insiders.

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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