Imperial Brands (OTCMKTS:IMBBY) Share Price Crosses Above 200 Day Moving Average – Here’s Why

Imperial Brands PLC (OTCMKTS:IMBBY)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $32.20 and traded as high as $36.08. Imperial Brands shares last traded at $35.91, with a volume of 59,926 shares traded.

Imperial Brands Trading Up 1.4 %

The company has a current ratio of 0.72, a quick ratio of 0.36 and a debt-to-equity ratio of 1.24. The business has a fifty day moving average price of $34.75 and a two-hundred day moving average price of $32.20.

Imperial Brands Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, April 7th. Shareholders of record on Friday, February 21st will be paid a dividend of $0.6779 per share. The ex-dividend date of this dividend is Friday, February 21st.

Imperial Brands 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.