Imperial Brands (LON:IMB) Stock Price Up 1.4% - Here's Why

Key Points

• Imperial Brands shares increased by 1.4% during mid-day trading, reaching a last recorded price of GBX 2,954 ($39.02).
• The company reported a quarterly EPS of GBX 123.90 ($1.64) and has a debt-to-equity ratio of 166.91, indicating high leverage.
• Analysts forecast that Imperial Brands will post an EPS of 246.57 for the current year, reflecting the company's growth potential.

Imperial Brands PLC (LON:IMB - Get Free Report) shares traded up 1.4% on Thursday . The company traded as high as GBX 2,956.07 ($39.25) and last traded at GBX 2,954 ($39.22). 1,892,961 shares traded hands during mid-day trading, a decline of 61% from the average session volume of 4,906,220 shares. The stock had previously closed at GBX 2,913 ($38.68).

Imperial Brands Trading Up 0.5%

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 stock has a market capitalization of £24.96 billion, a PE ratio of 12.59, a PEG ratio of 16.51 and a beta of 0.42. The stock's 50 day simple moving average is GBX 2,884.27 and its two-hundred day simple moving average is GBX 2,843.57.

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) earnings per share (EPS) for the quarter. Imperial Brands had a net margin of 11.44% and a return on equity of 41.84%. On average, sell-side analysts expect that Imperial Brands PLC will post 246.5723613 EPS for the current year.

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.