Imperial Brands (LON:IMB) Hits New 52-Week High – Should You Buy?

Imperial Brands PLC (LON:IMB) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 2,963 ($39.22) and last traded at GBX 2,959 ($39.17), with a volume of 14479772 shares changing hands. The stock had previously closed at GBX 2,921 ($38.66).

Imperial Brands Stock Down 0.0 %

The company has a market capitalization of £24.94 billion, a price-to-earnings ratio of 12.58, a PEG ratio of 16.51 and a beta of 0.42. The company has a debt-to-equity ratio of 166.91, a quick ratio of 0.41 and a current ratio of 0.72. The business has a 50-day simple moving average of GBX 2,798.46 and a two-hundred day simple moving average of GBX 2,583.97.

Imperial Brands Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 31st. Investors of record on Thursday, February 20th were given a GBX 54.26 ($0.72) dividend. This represents a yield of 2.43%. This is a positive change from Imperial Brands’s previous dividend of $22.45. The ex-dividend date of this dividend was Thursday, February 20th. Imperial Brands’s dividend payout ratio (DPR) is 64.80%.

Insider Buying and Selling at Imperial Brands

In other Imperial Brands news, insider Alan Johnson purchased 1,397 shares of the firm’s stock in a transaction that occurred on Tuesday, February 11th. The shares were purchased at an average cost of GBX 2,862 ($37.88) per share, for a total transaction of £39,982.14 ($52,921.43). Also, insider Stefan Bomhard sold 112,183 shares of the company’s stock in a transaction on Monday, February 17th. The stock was sold at an average price of GBX 2,788 ($36.90), for a total value of £3,127,662.04 ($4,139,857.10). 7.33% of the stock is currently owned by corporate insiders.

About Imperial Brands

We are Imperial Brands, a global consumer-focused organisation and the fourth largest international tobacco company.

We’re driven by our purpose: to forge a path to a healthier future for moments of relaxation and pleasure. The world’s one billion adult smokers are seeking new and potentially less harmful products and we are committed to meeting their diverse and evolving needs.