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

Key Points

• Imperial Tobacco Group's stock traded above its 200-day moving average of $39.87, reaching a high of $41.33 before closing at $41.31.
• The company announced a dividend increase, raising the payout from $0.50 to $0.5294 per share, resulting in a significant dividend yield of 582.0%.
• Imperial Tobacco has a current ratio of 0.68, quick ratio of 0.30, and a debt-to-equity ratio of 1.40, indicating its financial position and liquidity status.

Imperial Tobacco Group PLC (OTCMKTS:IMBBY - )'s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $39.87 and traded as high as $41.33. Imperial Tobacco Group shares last traded at $41.31, with a volume of 81,846 shares changing hands.

Imperial Tobacco Group Stock Down 0.7%

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 firm has a 50-day moving average price of $41.80 and a two-hundred day moving average price of $39.87.

Imperial Tobacco Group Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, October 7th. Stockholders of record on Monday, August 25th were given a dividend of $0.5294 per share. This is an increase 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 was 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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