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Imperial Brands (OTCMKTS:IMBBY) Shares Cross Above 200 Day Moving Average - Here's Why

Imperial Brands logo with Consumer Staples background

Imperial Brands PLC (OTCMKTS:IMBBY - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $34.39 and traded as high as $40.46. Imperial Brands shares last traded at $40.27, with a volume of 132,385 shares.

Analyst Ratings Changes

Separately, Morgan Stanley reissued an "overweight" rating on shares of Imperial Brands in a research note on Tuesday, April 1st.

Get Our Latest Stock Report on Imperial Brands

Imperial Brands Price Performance

The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.36 and a current ratio of 0.72. The firm's 50-day simple moving average is $37.91 and its 200 day simple moving average is $34.55.

Imperial Brands Company Profile

(Get Free Report)

Imperial Brands PLC, together with its subsidiaries, manufactures, imports, markets, and sells tobacco and tobacco-related products in Europe, the Americas, Africa, Asia, and Australasia. It offers a range of cigarettes, tobacco accessories, vapour, heated tobacco, and oral nicotine. The company sells its products under various brands, including JPS, Davidoff, Gauloises, West, Winston, Kool, Lambert & Butler, Fortuna, Nobel, News, Backwoods, Champion, Golden Virginia, Rizla, Blu, Pulze, Skruf, and Zone X.

Further Reading

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