Imperial Brands (OTCMKTS:IMBBY) Shares Cross Above 200-Day Moving Average – Here’s What Happened

Shares of Imperial Brands PLC (OTCMKTS:IMBBY) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $31.96 and traded as high as $35.73. Imperial Brands shares last traded at $35.52, with a volume of 80,999 shares.

Imperial Brands Stock Up 0.0 %

The company’s fifty day moving average price is $34.36 and its 200 day moving average price is $31.98. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.72 and a quick ratio of 0.36.

Imperial Brands Cuts Dividend

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

About Imperial Brands

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.