Imperial Brands (LON:IMB) Stock Price Down 6.4% - Time to Sell?

Shares of Imperial Brands PLC (LON:IMB - Get Free Report) traded down 6.4% during mid-day trading on Thursday . The stock traded as low as GBX 2,648 ($35.18) and last traded at GBX 2,705.54 ($35.94). 5,514,675 shares were traded 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 ($38.39).

Imperial Brands Price Performance

The company has a debt-to-equity ratio of 166.91, a quick ratio of 0.41 and a current ratio of 0.72. The company has a 50-day moving average of GBX 2,883.09 and a 200-day moving average of GBX 2,703.24. The stock has a market cap of £22.70 billion, a price-to-earnings ratio of 11.45, a PEG ratio of 16.51 and a beta of 0.42.

Imperial Brands (LON:IMB - Get Free Report) last announced its quarterly earnings results on Wednesday, May 14th. The company reported GBX 123.90 ($1.65) EPS for the quarter. Imperial Brands had a return on equity of 41.84% and a net margin of 11.44%. As a group, equities research 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 declared a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, February 20th were paid a dividend of GBX 54.26 ($0.72) per share. This is a positive change from Imperial Brands's previous dividend of $22.45. The ex-dividend date was Thursday, February 20th. This represents a dividend yield of 2.43%. Imperial Brands's payout ratio is 64.80%.

Insider Transactions at Imperial Brands

In related news, insider Stefan Bomhard sold 112,183 shares of the company's stock in a transaction that occurred on Monday, February 17th. The stock was sold at an average price of GBX 2,788 ($37.04), for a total value of £3,127,662.04 ($4,154,705.15). Corporate 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.