IMI plc (LON:IMI - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 1,867.31 ($25.31) and traded as high as GBX 1,981 ($26.85). IMI shares last traded at GBX 1,970.70 ($26.71), with a volume of 564,686 shares trading hands.
Analyst Ratings Changes
Separately, Royal Bank of Canada boosted their target price on IMI from GBX 2,250 ($30.49) to GBX 2,400 ($32.52) and gave the company an "outperform" rating in a report on Monday, March 3rd.
Get Our Latest Stock Report on IMI
IMI Stock Performance
The firm has a market cap of £5.03 billion, a price-to-earnings ratio of 20.35, a price-to-earnings-growth ratio of 1.12 and a beta of 1.08. 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 stock has a fifty day moving average price of GBX 1,821.63 and a 200-day moving average price of GBX 1,868.26.
Insider Activity
In other IMI 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 purchased at an average cost of GBX 1,971 ($26.71) per share, for a total transaction of £20,616.66 ($27,939.64). Also, insider Roy Twite sold 49,259 shares of IMI stock in a transaction that occurred on Thursday, March 13th. The shares were sold at an average price of GBX 1,962 ($26.59), for a total value of £966,461.58 ($1,309,746.01). Over the last 90 days, insiders have purchased 1,067 shares of company stock valued at $2,102,630. 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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