Imperial Brands (LON:IMB) Shares Pass Below Fifty Day Moving Average – What’s Next?

Imperial Brands PLC (LON:IMBGet Free Report) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 3,163.08 and traded as low as GBX 2,993. Imperial Brands shares last traded at GBX 3,048.57, with a volume of 3,724,685 shares changing hands.

Imperial Brands Trading Up 0.2%

The firm has a market cap of £23.94 billion, a price-to-earnings ratio of 12.23, a P/E/G ratio of 16.51 and a beta of 0.15. The company has a debt-to-equity ratio of 207.21, a current ratio of 0.74 and a quick ratio of 0.41. The business has a 50-day moving average of GBX 3,163.08 and a 200-day moving average of GBX 3,137.91.

Insider Activity at Imperial Brands

In other news, insider Murray McGowan sold 15,955 shares of the stock in a transaction that occurred on Monday, February 16th. The stock was sold at an average price of GBX 3,230, for a total value of £515,346.50. Also, insider Lukas Paravicini sold 30,561 shares of the firm’s stock in a transaction on Monday, February 16th. The shares were sold at an average price of GBX 3,219, for a total transaction of £983,758.59. 0.47% of the stock is owned by insiders.

Imperial Brands Company Profile

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