Imperial Tobacco Group (OTCMKTS:IMBBY) Share Price Passes Above 200-Day Moving Average - Time to Sell?

Key Points

• Imperial Tobacco Group PLC shares exceeded their 200-day moving average at $39.35, trading as high as $42.69, indicating potential upward momentum.
• The company announced an increase in its dividend to $0.5294 per share, which reflects a significant dividend yield of 582.0% and is payable on October 7th.
• Imperial Tobacco has a debt-to-equity ratio of 1.40 and a current ratio of 0.68, suggesting potential concerns about financial stability.

Imperial Tobacco Group PLC (OTCMKTS:IMBBY - )'s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $39.35 and traded as high as $42.69. Imperial Tobacco Group shares last traded at $42.68, with a volume of 47,598 shares traded.

Imperial Tobacco Group Trading Up 1.1%

The company has a 50 day simple moving average of $41.25 and a two-hundred day simple moving average of $39.35. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.30 and a current ratio of 0.68.

Imperial Tobacco Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, October 7th. Stockholders of record on Monday, August 25th will be paid a dividend of $0.5294 per share. This is a positive change from Imperial Tobacco Group's previous dividend of $0.50. This represents a dividend yield of 582.0%. The ex-dividend date of this dividend is Friday, August 22nd.

Imperial Tobacco Group Company Profile

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.

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