Shares of IMI plc (LON:IMI - Get Free Report) reached a new 52-week high on Monday . The company traded as high as GBX 2,090 ($28.32) and last traded at GBX 2,086 ($28.26), with a volume of 413311 shares trading hands. The stock had previously closed at GBX 2,046.99 ($27.73).
Analyst Ratings Changes
Separately, Royal Bank of Canada lifted their price objective on shares of IMI from GBX 2,250 ($30.48) to GBX 2,400 ($32.52) and gave the stock an "outperform" rating in a research note on Monday, March 3rd.
Get Our Latest Stock Report on IMI
IMI Price Performance
The stock has a market cap of £5.30 billion, a P/E ratio of 21.42, a price-to-earnings-growth ratio of 1.12 and a beta of 1.08. The company has a debt-to-equity ratio of 68.33, a quick ratio of 0.80 and a current ratio of 1.36. The firm has a 50-day moving average price of GBX 1,855.17 and a 200-day moving average price of GBX 1,884.21.
Insiders Place Their Bets
In other news, insider Jackie Callaway purchased 1,046 shares of the company's stock in a transaction on Tuesday, June 3rd. The stock was acquired at an average cost of GBX 1,971 ($26.70) per share, for a total transaction of £20,616.66 ($27,932.07). In the last quarter, insiders acquired 1,074 shares of company stock valued at $2,117,162. Corporate insiders own 1.52% of the company's stock.
About IMI
(
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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.
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