Imperial Brands (LON:IMB) Sets New 12-Month High – Here’s Why

Imperial Brands PLC (LON:IMB) hit a new 52-week high on Friday . The stock traded as high as GBX 2,654.04 ($33.13) and last traded at GBX 2,628 ($32.80), with a volume of 2536882 shares. The stock had previously closed at GBX 2,627 ($32.79).

Imperial Brands Stock Performance

The firm has a fifty day moving average price of GBX 2,559.57 and a two-hundred day moving average price of GBX 2,310.80. The company has a debt-to-equity ratio of 217.64, a current ratio of 0.64 and a quick ratio of 0.41. The stock has a market capitalization of £22.18 billion, a PE ratio of 1,143.04, a P/E/G ratio of 16.51 and a beta of 0.42.

Imperial Brands (LON:IMB) last released its earnings results on Tuesday, November 19th. The company reported GBX 297 ($3.71) earnings per share for the quarter. Imperial Brands had a return on equity of 39.00% and a net margin of 11.44%. Research analysts expect that Imperial Brands PLC will post 246.5723613 EPS for the current year.

Imperial Brands Increases Dividend

The business also recently announced a dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, February 20th will be paid a GBX 54.26 ($0.68) dividend. This is an increase from Imperial Brands’s previous dividend of $22.45. This represents a yield of 2.43%. The ex-dividend date is Thursday, February 20th. Imperial Brands’s dividend payout ratio is currently 6,652.17%.

Insider Transactions at Imperial Brands

In other news, insider Lukas Paravicini sold 6,639 shares of the company’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of GBX 2,615 ($32.64), for a total value of £173,609.85 ($216,714.33). Also, insider Jon Stanton acquired 398,802 shares of the business’s stock in a transaction that occurred on Monday, January 6th. The shares were acquired at an average cost of GBX 2,597 ($32.42) per share, for a total transaction of £10,356,887.94 ($12,928,333.47). Corporate insiders own 7.33% of the company’s stock.

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.