Imperial Brands (OTCMKTS:IMBBY) Reaches New 1-Year High – Still a Buy?

Shares of Imperial Brands PLC (OTCMKTS:IMBBY) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $33.66 and last traded at $33.55, with a volume of 70678 shares trading hands. The stock had previously closed at $32.94.

Wall Street Analyst Weigh In

Separately, Barclays raised Imperial Brands to a “strong-buy” rating in a research report on Wednesday, October 9th.

Imperial Brands Stock Up 0.4 %

The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.36 and a current ratio of 0.72. The stock has a 50-day simple moving average of $32.48 and a 200 day simple moving average of $30.14.

Imperial Brands Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, April 7th. Stockholders of record on Friday, February 21st will be paid a $0.6779 dividend. 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.