Imperial Brands (LON:IMB) Stock Passes Below 50 Day Moving Average - Here's What Happened

Shares of Imperial Brands PLC (LON:IMB - Get Free Report) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 2,907.54 ($39.90) and traded as low as GBX 2,812 ($38.59). Imperial Brands shares last traded at GBX 2,824 ($38.75), with a volume of 1,374,991 shares.

Imperial Brands Trading Down 0.7%

The company has a fifty day simple moving average of GBX 2,907.54 and a two-hundred day simple moving average of GBX 2,785.62. 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 stock has a market capitalization of £23.71 billion, a P/E ratio of 11.96, a price-to-earnings-growth ratio of 16.51 and a beta of 0.42.

Imperial Brands (LON:IMB - Get Free Report) last posted its earnings results on Wednesday, May 14th. The company reported GBX 123.90 ($1.70) earnings per share for the quarter. Imperial Brands had a return on equity of 41.84% and a net margin of 11.44%. On average, sell-side analysts expect 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. Shareholders of record on Thursday, February 20th were paid a GBX 54.26 ($0.74) dividend. This is an increase from Imperial Brands's previous dividend of $22.45. The ex-dividend date of this dividend was Thursday, February 20th. This represents a dividend yield of 2.43%. Imperial Brands's dividend payout ratio (DPR) is currently 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.

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