Imperial Tobacco Group (OTCMKTS:IMBBY) Sees Large Volume Increase – Should You Buy?

Shares of Imperial Tobacco Group PLC (OTCMKTS:IMBBY) saw unusually-high trading volume on Tuesday . Approximately 194,971 shares traded hands during trading, an increase of 16% from the previous session’s volume of 167,624 shares.The stock last traded at $42.3350 and had previously closed at $42.35.

Imperial Tobacco Group Stock Performance

The business has a 50 day simple moving average of $41.79 and a two-hundred day simple moving average of $41.02. The company has a quick ratio of 0.37, a current ratio of 0.74 and a debt-to-equity ratio of 1.57.

Imperial Tobacco Group Cuts Dividend

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

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.