IMBBF stock forecast, quote, news & analysis

The most notable companies in this group are Philip Morris International (NYSE:PM), Altria Group (NYSE:MO).

The industry is engaged in the growth, preparation for sale, advertisement, and distribution of tobacco and tobacco-related products like cigarettes. In 2017, tobacco companies spent an estimated $9.36 billion marketing cigarettes and smokeless tobacco in the U.S. – an amount that translates to more than $25 million each day (according to a CDC report). Philip Morris International Inc., Altria Group Inc., and British American Tobacco plc are some major cigar makers. In recent times, vaping or the use of e-cigarette (does not burn tobacco) is gaining momentum – several established cigarette makers are trying to expand their footprint in this new market.

The average market capitalization across the Tobacco Industry is 22.21B. The market cap for tickers in the group ranges from 9 to 199.94B. PM holds the highest valuation in this group at 199.94B. The lowest valued company is AHII at 9.

The average weekly price growth across all stocks in the Tobacco Industry was -1%. For the same Industry, the average monthly price growth was -8%, and the average quarterly price growth was -10%. CBDW experienced the highest price growth at 33%, while TOBAF experienced the biggest fall at -39%.

The average weekly volume growth across all stocks in the Tobacco Industry was 43%. For the same stocks of the Industry, the average monthly volume growth was 18% and the average quarterly volume growth was 59%