Imperial Brands (LON:IMB) Shares Down 6.4% – Should You Sell?

Imperial Brands PLC (LON:IMB)’s share price fell 6.4% on Wednesday . The stock traded as low as GBX 2,648 ($35.13) and last traded at GBX 2,705.54 ($35.89). 5,514,675 shares traded hands during trading, a decline of 16% from the average session volume of 6,558,627 shares. The stock had previously closed at GBX 2,890 ($38.34).

Imperial Brands Stock Up 0.3%

The stock has a market capitalization of £22.56 billion, a price-to-earnings ratio of 11.38, a PEG ratio of 16.51 and a beta of 0.42. The business has a fifty day moving average of GBX 2,886.43 and a 200 day moving average of GBX 2,697.80. The company has a debt-to-equity ratio of 166.91, a current ratio of 0.72 and a quick ratio of 0.41.

Imperial Brands (LON:IMB) last released its quarterly earnings data on Wednesday, May 14th. The company reported GBX 123.90 ($1.64) EPS for the quarter. Imperial Brands had a return on equity of 41.84% and a net margin of 11.44%. As a group, equities analysts predict that Imperial Brands PLC will post 246.5723613 earnings per share for the current year.

Imperial Brands Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, March 31st. Investors of record on Thursday, February 20th were issued a GBX 54.26 ($0.72) dividend. The ex-dividend date of this dividend was Thursday, February 20th. This is a boost from Imperial Brands’s previous dividend of $22.45. This represents a yield of 2.43%. Imperial Brands’s dividend payout ratio is currently 64.80%.

Insider Activity at Imperial Brands

In other Imperial Brands news, insider Stefan Bomhard sold 112,183 shares of the business’s stock in a transaction that occurred on Monday, February 17th. The stock was sold at an average price of GBX 2,788 ($36.99), for a total value of £3,127,662.04 ($4,149,193.47). 7.33% of the stock is currently owned by insiders.

Imperial Brands Company Profile

We are Imperial Brands, a global consumer-focused organisation and the fourth largest international tobacco company.

We’re driven by our purpose: to forge a path to a healthier future for moments of relaxation and pleasure. The world’s one billion adult smokers are seeking new and potentially less harmful products and we are committed to meeting their diverse and evolving needs.