Imperial Tobacco Group (OTCMKTS:IMBBY) Stock Passes Above 200 Day Moving Average – Here’s Why

Imperial Tobacco Group PLC (OTCMKTS:IMBBYGet Free Report) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $40.91 and traded as high as $42.90. Imperial Tobacco Group shares last traded at $42.80, with a volume of 50,625 shares.

Imperial Tobacco Group Trading Down 0.6%

The stock has a 50 day moving average of $41.73 and a 200 day moving average of $40.91. The company has a quick ratio of 0.30, a current ratio of 0.68 and a debt-to-equity ratio of 1.40.

Imperial Tobacco Group Cuts Dividend

The company also recently declared a dividend, which will be paid on Thursday, January 8th. Stockholders of record on Monday, December 1st will be given a $0.517 dividend. The ex-dividend date is Friday, November 28th. This represents a dividend yield of 537.0%.

About Imperial Tobacco Group

(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.

Further Reading

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