Free Trial

IMI (LON:IMI) Stock Passes Above Two Hundred Day Moving Average - Should You Sell?

IMI logo with Industrials background

IMI plc (LON:IMI - Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,878.40 ($25.50) and traded as high as GBX 2,061.72 ($27.99). IMI shares last traded at GBX 2,040.64 ($27.71), with a volume of 726,970 shares.

Analyst Ratings Changes

Separately, Royal Bank of Canada increased their price target on shares of IMI from GBX 2,250 ($30.55) to GBX 2,400 ($32.59) and gave the company an "outperform" rating in a report on Monday, March 3rd.

Check Out Our Latest Stock Report on IMI

IMI Stock Down 0.0%

The company has a market capitalization of £5.19 billion, a PE ratio of 20.98, a PEG ratio of 1.12 and a beta of 1.08. The company's 50 day moving average is GBX 1,855.17 and its two-hundred day moving average is GBX 1,883.37. The company has a quick ratio of 0.80, a current ratio of 1.36 and a debt-to-equity ratio of 68.33.

Insider Activity at IMI

In other news, insider Jackie Callaway bought 1,046 shares of IMI stock in a transaction on Tuesday, June 3rd. The stock was acquired at an average cost of GBX 1,971 ($26.76) per share, for a total transaction of £20,616.66 ($27,992.75). Insiders acquired a total of 1,074 shares of company stock worth $2,117,162 in the last quarter. 1.52% of the stock is owned by company insiders.

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.

Featured Stories

Should You Invest $1,000 in IMI Right Now?

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

These 7 Stocks Will Be Magnificent in 2025 Cover

Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2025. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Don’t Miss These Top 3 Defense Stocks Set To Gain
Triple-Digit Gains: These 4 Nuclear Stocks Have Even More Upside Ahead
3 Made in America Stocks Under $20 You Need to See!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines