IMI plc (LON:IMI) Insider Purchases £140.56 in Stock

IMI plc (LON:IMI) insider Daniel Shook acquired 7 shares of the firm’s stock in a transaction that occurred on Tuesday, March 11th. The stock was purchased at an average cost of GBX 2,008 ($25.97) per share, with a total value of £140.56 ($181.81).

Daniel Shook also recently made the following trade(s):

• On Tuesday, January 14th, Daniel Shook bought 7 shares of IMI stock. The stock was bought at an average price of GBX 1,836 ($23.75) per share, with a total value of £128.52 ($166.24).

IMI Stock Up 1.6 %

Shares of LON IMI opened at GBX 1,977 ($25.57) on Friday. IMI plc has a 52 week low of GBX 1,630 ($21.08) and a 52 week high of GBX 2,090 ($27.03). The business has a 50-day simple moving average of GBX 1,936.51 and a two-hundred day simple moving average of GBX 1,843. The company has a quick ratio of 0.80, a current ratio of 1.36 and a debt-to-equity ratio of 68.33. The company has a market cap of £5.01 billion, a P/E ratio of 20.26, a P/E/G ratio of 1.12 and a beta of 1.08.

IMI (LON:IMI) last issued its quarterly earnings results on Friday, February 28th. The company reported GBX 122.50 ($1.58) earnings per share (EPS) for the quarter. IMI had a return on equity of 23.85% and a net margin of 11.46%. Research analysts anticipate that IMI plc will post 137.9737609 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada raised their target price on IMI from GBX 2,250 ($29.10) to GBX 2,400 ($31.04) and gave the stock an “outperform” rating in a research note on Monday, March 3rd.

IMI Company Profile

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.