Imperial Brands (OTCMKTS:IMBBY) Shares Cross Above 200-Day Moving Average - Here's What Happened
Imperial Brands (OTCMKTS:IMBBY) shares have crossed above their 200-day moving average of $32.82, reaching a high of $37.00 during trading. The stock's recent performance includes a debt-to-equity ratio of 1.24 and a current ratio of 0.72. Analysts, including Morgan Stanley, maintain an "overweight" rating on the stock. The company recently declared a dividend of $0.6779, paid on April 7th. Despite a strong buy rating, Imperial Brands is not among the top recommended stocks by analysts currently.
Imperial Brands PLC (OTCMKTS:IMBBY - Get Free Report)'s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $32.82 and traded as high as $37.00. Imperial Brands shares last traded at $37.00, with a volume of 154,893 shares.
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Analyst Ratings Changes
- Altria Group stock gets smoked, but there’s a silver lining
Separately, Morgan Stanley reissued an "overweight" rating on shares of Imperial Brands in a research report on Tuesday, April 1st.
Check Out Our Latest Report on Imperial Brands
Imperial Brands Price Performance
The company has a debt-to-equity ratio of 1.24, a current ratio of 0.72 and a quick ratio of 0.36. The stock has a fifty day simple moving average of $35.67 and a two-hundred day simple moving average of $32.82.
Imperial Brands Cuts Dividend
The company also recently declared a dividend, which was paid on Monday, April 7th. Investors of record on Friday, February 21st were paid a $0.6779 dividend. The ex-dividend date of this dividend was Friday, February 21st.
About Imperial Brands
(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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