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Imperial Tobacco Group (OTCMKTS:IMBBY) Share Price Crosses Above 200 Day Moving Average - What's Next?

Imperial Tobacco Group logo with Consumer Staples background

Key Points

  • Imperial Tobacco Group's stock price has exceeded its 200-day moving average, reaching a high of $39.36 and closing at $39.21 with a volume of 103,985 shares.
  • Royal Bank Of Canada has reaffirmed a "sector perform" rating on Imperial Tobacco Group shares, indicating a stable outlook for the company.
  • The company recently paid a dividend of $0.5015, which translates to an impressive dividend yield of 582.0%.
  • Want stock alerts on Imperial Tobacco Group? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Imperial Tobacco Group PLC (OTCMKTS:IMBBY - Get Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $37.30 and traded as high as $39.36. Imperial Tobacco Group shares last traded at $39.21, with a volume of 103,985 shares changing hands.

Analyst Ratings Changes

Separately, Royal Bank Of Canada reissued a "sector perform" rating on shares of Imperial Tobacco Group in a research report on Friday, May 23rd.

View Our Latest Report on IMBBY

Imperial Tobacco Group Stock Up 1.5%

The company has a current ratio of 0.68, a quick ratio of 0.30 and a debt-to-equity ratio of 1.40. The company's 50-day moving average is $39.08 and its two-hundred day moving average is $37.45.

Imperial Tobacco Group Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, July 7th. Investors of record on Monday, May 26th were given a dividend of $0.5015 per share. The ex-dividend date of this dividend was Friday, May 23rd. This represents a dividend yield of 582.0%.

Imperial Tobacco Group 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.

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