Insider Buying: IMI plc (LON:IMI) Insider Acquires 8 Shares of Stock

IMI plc (LON:IMI - Get Free Report) insider Roy Twite acquired 8 shares of the firm's stock in a transaction that occurred on Tuesday, June 10th. The shares were purchased at an average cost of GBX 2,042 ($27.71) per share, with a total value of £163.36 ($221.66).

Roy Twite also recently made the following trade(s):

• On Tuesday, May 13th, Roy Twite purchased 7 shares of IMI stock. The stock was bought at an average cost of GBX 1,922 ($26.08) per share, with a total value of £134.54 ($182.55).
• On Thursday, March 13th, Roy Twite sold 49,259 shares of IMI stock. The shares were sold at an average price of GBX 1,962 ($26.62), for a total transaction of £966,461.58 ($1,311,345.43).

IMI Price Performance

Shares of LON:IMI traded down GBX 1.01 ($0.01) during midday trading on Friday, reaching GBX 2,046.99 ($27.77). 1,144,031 shares of the company's stock were exchanged, compared to its average volume of 1,432,139. The company's 50 day simple moving average is GBX 1,855.17 and its two-hundred day simple moving average is GBX 1,882.48. The firm has a market capitalization of £5.19 billion, a PE ratio of 20.98, a price-to-earnings-growth ratio of 1.12 and a beta of 1.08. IMI plc has a 12 month low of GBX 1,555.96 ($21.11) and a 12 month high of GBX 2,090 ($28.36). The company has a debt-to-equity ratio of 68.33, a quick ratio of 0.80 and a current ratio of 1.36.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada increased their price target on shares of IMI from GBX 2,250 ($30.53) to GBX 2,400 ($32.56) and gave the company an "outperform" rating in a report on Monday, March 3rd.

IMI Company Profile

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.