Imperial Tobacco Group (OTCMKTS:IMBBY) Share Price Passes Above Two Hundred Day Moving Average - Here's What Happened

Shares of Imperial Tobacco Group PLC (OTCMKTS:IMBBY - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $36.45 and traded as high as $39.07. Imperial Tobacco Group shares last traded at $38.80, with a volume of 1,045,836 shares traded.

Analyst Ratings Changes

Several brokerages have issued reports on IMBBY. Royal Bank Of Canada reaffirmed a "sector perform" rating on shares of Imperial Tobacco Group in a research note on Friday, May 23rd. Morgan Stanley reissued an "overweight" rating on shares of Imperial Tobacco Group in a research note on Tuesday, April 1st.

Imperial Tobacco Group Stock Up 0.5%

The firm has a fifty day moving average of $38.93 and a 200 day moving average of $36.45. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.68 and a quick ratio of 0.30.

Imperial Tobacco Group Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, July 7th. Stockholders of record on Monday, May 26th were given a dividend of $0.5015 per share. This represents a dividend yield of 5.82%. The ex-dividend date was Friday, May 23rd.

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.