IMI plc (LON:IMI - Get Free Report) shares reached a new 52-week high on Monday . The company traded as high as GBX 2,210 ($29.64) and last traded at GBX 2,204 ($29.56), with a volume of 7546382 shares changing hands. The stock had previously closed at GBX 2,190 ($29.38).
Analyst Ratings Changes
Separately, JPMorgan Chase & Co. reissued an "overweight" rating and set a GBX 2,450 ($32.86) price target on shares of IMI in a research report on Wednesday, July 2nd.
Read Our Latest Analysis on IMI
IMI Price Performance
The business's fifty day moving average is GBX 2,039.37 and its 200-day moving average is GBX 1,931.72. 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 firm has a market cap of £5.59 billion, a PE ratio of 22.58, a P/E/G ratio of 1.12 and a beta of 1.08.
Insider Transactions at IMI
In related news, insider Jackie Callaway acquired 1,046 shares of the firm's stock in a transaction that occurred on Tuesday, June 3rd. The stock was acquired at an average price of GBX 1,971 ($26.44) per share, for a total transaction of £20,616.66 ($27,654.81). Insiders have bought a total of 1,087 shares of company stock worth $2,144,228 in the last three months. Company 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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