IMI plc (LON:IMI - Get Free Report) hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 2,138 ($29.06) and last traded at GBX 2,136 ($29.04), with a volume of 939711 shares trading hands. The stock had previously closed at GBX 2,092 ($28.44).
Wall Street Analyst Weigh In
Separately, JPMorgan Chase & Co. restated an "overweight" rating and issued a GBX 2,450 ($33.31) price objective on shares of IMI in a report on Wednesday, July 2nd.
Read Our Latest Analysis on IMI
IMI Stock Performance
The firm has a 50 day moving average price of GBX 1,985.75 and a 200-day moving average price of GBX 1,913.05. The company has a market cap of £5.36 billion, a P/E ratio of 21.66, a P/E/G 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.
Insider Activity
In related news, insider Jackie Callaway purchased 1,046 shares of the firm's stock in a transaction that occurred on Tuesday, June 3rd. The shares were acquired at an average price of GBX 1,971 ($26.79) per share, with a total value of £20,616.66 ($28,027.00). Insiders purchased 1,074 shares of company stock worth $2,117,162 in the last quarter. Insiders own 1.52% of the company's stock.
About IMI
(
Get Free Report)
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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider IMI, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and IMI wasn't on the list.
While IMI currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for July 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
