Imperial Brands (LON:IMB) Shares Pass Below 50-Day Moving Average - What's Next?

Imperial Brands PLC (LON:IMB - Get Free Report)'s stock price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 2,898.19 ($39.27) and traded as low as GBX 2,852 ($38.64). Imperial Brands shares last traded at GBX 2,874.49 ($38.94), with a volume of 1,433,616 shares trading hands.

Imperial Brands Stock Up 0.7%

The stock has a market cap of £24.45 billion, a PE ratio of 12.34, a price-to-earnings-growth ratio of 16.51 and a beta of 0.42. The firm has a fifty day moving average of GBX 2,903.93 and a 200 day moving average of GBX 2,763.83. The company has a quick ratio of 0.41, a current ratio of 0.72 and a debt-to-equity ratio of 166.91.

Imperial Brands (LON:IMB - Get Free Report) last posted its earnings results on Wednesday, May 14th. The company reported GBX 123.90 ($1.68) EPS for the quarter. Imperial Brands had a return on equity of 41.84% and a net margin of 11.44%. On average, equities research analysts anticipate that Imperial Brands PLC will post 246.5723613 EPS for the current fiscal 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 ($0.74) 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%.

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.