IMI (LON:IMI) Hits New 1-Year High – Should You Buy?

IMI plc (LON:IMI)’s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 2,000.01 ($24.90) and last traded at GBX 1,994 ($24.83), with a volume of 239482 shares trading hands. The stock had previously closed at GBX 1,962 ($24.43).

IMI Stock Performance

The company has a debt-to-equity ratio of 68.33, a current ratio of 1.36 and a quick ratio of 0.80. The stock has a 50-day simple moving average of GBX 1,840.94 and a 200-day simple moving average of GBX 1,808.29. The stock has a market cap of £5.12 billion, a P/E ratio of 2,056.70, a PEG ratio of 1.12 and a beta of 1.08.

Insider Buying and Selling at IMI

In other news, insider Jackie Callaway purchased 857 shares of IMI stock in a transaction dated Monday, November 25th. The shares were bought at an average cost of GBX 1,750 ($21.79) per share, for a total transaction of £14,997.50 ($18,672.19). Also, insider Anne Thorburn purchased 5,000 shares of IMI stock in a transaction dated Friday, November 8th. The shares were purchased at an average price of GBX 1,740 ($21.66) per share, for a total transaction of £87,000 ($108,316.73). Insiders have acquired a total of 5,878 shares of company stock worth $10,237,809 over the last 90 days. Insiders own 1.52% of the company’s stock.

About IMI

IMI plc is a specialist engineering company operating in fluid and motion control markets. We combine our deep engineering knowledge with strong applications expertise to develop solutions for the most acute industry problems. We help our customers become safer, more sustainable and more productive. IMI employs around 10,000 people, has manufacturing facilities in 19 countries and operates a global service network.