Imperial Brands (LON:IMB) Stock Price Down 6.4% - Should You Sell?

Imperial Brands PLC (LON:IMB - Get Free Report)'s stock price was down 6.4% during trading on Thursday . The stock traded as low as GBX 2,648 ($35.18) and last traded at GBX 2,705.54 ($35.94). Approximately 5,514,675 shares changed hands during mid-day trading, a decline of 16% from the average daily volume of 6,558,627 shares. The stock had previously closed at GBX 2,890 ($38.39).

Imperial Brands Price Performance

The company's 50-day moving average price is GBX 2,883.09 and its 200-day moving average price is GBX 2,703.24. The company has a debt-to-equity ratio of 166.91, a current ratio of 0.72 and a quick ratio of 0.41. The company has a market cap of £22.70 billion, a P/E ratio of 11.45, a P/E/G ratio of 16.51 and a beta of 0.42.

Imperial Brands (LON:IMB - Get Free Report) last issued its quarterly earnings data on Wednesday, May 14th. The company reported GBX 123.90 ($1.65) earnings per share (EPS) for the quarter. Imperial Brands had a net margin of 11.44% and a return on equity of 41.84%. As a group, sell-side analysts predict that Imperial Brands PLC will post 246.5723613 earnings per share for the current fiscal 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 ($0.72) dividend. The ex-dividend date was Thursday, February 20th. This represents a yield of 2.43%. This is a boost from Imperial Brands's previous dividend of $22.45. Imperial Brands's dividend payout ratio (DPR) is currently 64.80%.

Insider Buying and Selling at Imperial Brands

In other 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 ($37.04), for a total transaction 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.