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

Imperial Tobacco Group PLC (OTCMKTS:IMBBY)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $41.42 and traded as high as $41.96. Imperial Tobacco Group shares last traded at $41.78, with a volume of 208,978 shares traded.

Imperial Tobacco Group Stock Up 0.8%

The business has a 50-day simple moving average of $42.03 and a two-hundred day simple moving average of $41.43. The company has a debt-to-equity ratio of 1.57, a current ratio of 0.74 and a quick ratio of 0.37.

Imperial Tobacco Group Cuts Dividend

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

Imperial Tobacco Group Company Profile

Imperial Tobacco Group, historically established in the United Kingdom in 1901 and now operating under the Imperial Brands name, is a multinational tobacco and nicotine company headquartered in Bristol, England. The company’s core business is the manufacture, marketing and sale of tobacco products and alternative nicotine offerings to adult consumers. It supplies products through a combination of owned channels and third-party distributors and focuses on managing an international portfolio of consumer tobacco and nicotine brands.

Product categories include manufactured cigarettes, cigars and fine-cut tobacco for roll-your-own use, together with a growing range of next-generation nicotine products such as vaping devices, heated tobacco and non-combustible nicotine formats that reflect a strategic shift toward reduced-risk alternatives.