IMI (LON:IMI) Shares Pass Above 200-Day Moving Average – Here’s What Happened

Shares of IMI plc (LON:IMI) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 1,814.16 ($22.51) and traded as high as GBX 1,976 ($24.51). IMI shares last traded at GBX 1,939 ($24.05), with a volume of 712,909 shares changing hands.

IMI Stock Down 1.3 %

The firm has a market cap of £4.92 billion, a PE ratio of 1,973.20, a PEG ratio of 1.12 and a beta of 1.08. The company has a current ratio of 1.36, a quick ratio of 0.80 and a debt-to-equity ratio of 68.33. The firm has a 50 day moving average price of GBX 1,875.10 and a 200-day moving average price of GBX 1,815.71.

Insider Buying and Selling at IMI

In other IMI news, insider Jackie Callaway acquired 857 shares of the company’s stock in a transaction dated Monday, November 25th. The shares were acquired at an average price of GBX 1,750 ($21.71) per share, for a total transaction of £14,997.50 ($18,605.01). In the last three months, insiders have bought 878 shares of company stock valued at $1,537,809. 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.