Imperial Tobacco Group (OTCMKTS:IMBBY) Reaches New 1-Year Low – Should You Sell?

Imperial Tobacco Group PLC (OTCMKTS:IMBBY) hit a new 52-week low during mid-day trading on Thursday. The company traded as low as $32.27 and last traded at $32.27, with a volume of 7965 shares traded. The stock had previously closed at $32.45.

Analysts Set New Price Targets

Separately, BTIG Research began coverage on shares of Imperial Tobacco Group in a research report on Wednesday, July 22nd. They set a “neutral” rating for the company. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Imperial Tobacco Group has a consensus rating of “Hold”.

Imperial Tobacco Group Stock Down 0.6%

The firm has a 50 day moving average of $34.87 and a 200 day moving average of $37.16. The company has a debt-to-equity ratio of 1.88, a quick ratio of 0.31 and a current ratio of 0.70.

About Imperial Tobacco Group

Imperial Tobacco Group plc, now known as Imperial Brands plc, is a British multinational tobacco and nicotine company. Its portfolio includes cigarettes, fine-cut tobacco, cigars, rolling papers, vaping products, heated tobacco products and oral nicotine products.

The company markets a range of international and regional brands, including Winston, Davidoff, Gauloises, West, JPS, Golden Virginia, Rizla, blu, Pulze and Zone. Its products are sold through retail and distribution networks in numerous markets across Europe, the Americas, Africa, Asia and other international regions.

Imperial Tobacco was established in 1901 through the combination of several British tobacco manufacturers.