IMI plc (LON:IMI) insider Daniel Shook bought 7 shares of the company’s stock in a transaction on Tuesday, September 14th. The shares were acquired at an average price of GBX 1,817 ($23.74) per share, with a total value of £127.19 ($166.17).
LON IMI traded down GBX 23 ($0.30) on Wednesday, reaching GBX 1,797 ($23.48). The company had a trading volume of 344,753 shares, compared to its average volume of 524,265. The firm has a market capitalization of £4.80 billion and a price-to-earnings ratio of 27.26. The company has a debt-to-equity ratio of 58.60, a quick ratio of 1.02 and a current ratio of 1.59. IMI plc has a 1-year low of GBX 1,009 ($13.18) and a 1-year high of GBX 1,862 ($24.33). The company’s fifty day moving average is GBX 1,760.52 and its 200-day moving average is GBX 1,607.44.
The business also recently announced a dividend, which will be paid on Friday, September 17th. Investors of record on Thursday, August 12th will be paid a GBX 7.90 ($0.10) dividend. This represents a yield of 0.45%. The ex-dividend date is Thursday, August 12th. IMI’s payout ratio is presently 0.73%.
IMI plc, a specialist engineering company, designs, manufactures, and services engineered products worldwide. The company operates through three divisions: IMI Precision Engineering, IMI Critical Engineering, and IMI Hydronic Engineering. The IMI Precision Engineering division develops motion and fluid control technologies for industrial automation, commercial vehicle, life sciences, energy, and rail applications.
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