Imperial Brands (LON:IMB) Trading Down 6.4% - What's Next?

Imperial Brands PLC (LON:IMB - Get Free Report) shares traded down 6.4% during mid-day trading on Thursday . The stock traded as low as GBX 2,648 ($35.37) and last traded at GBX 2,705.54 ($36.14). 5,514,675 shares changed hands during mid-day trading, a decline of 16% from the average session volume of 6,558,627 shares. The stock had previously closed at GBX 2,890 ($38.60).

Imperial Brands Stock Performance

The stock has a 50-day moving average price of GBX 2,883.47 and a 200 day moving average price of GBX 2,706.31. 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 firm has a market capitalization of £23.67 billion, a price-to-earnings ratio of 11.94, a P/E/G ratio of 16.51 and a beta of 0.42.

Imperial Brands (LON:IMB - Get Free Report) last posted its quarterly earnings results on Wednesday, May 14th. The company reported GBX 123.90 ($1.65) EPS for the quarter. Imperial Brands had a net margin of 11.44% and a return on equity of 41.84%. On average, analysts forecast that Imperial Brands PLC will post 246.5723613 EPS for the current year.

Imperial Brands Increases Dividend

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

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.