IMI (LON:IMI) Reaches New 52-Week High - What's Next?

IMI plc (LON:IMI - Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 2,000.01 ($24.84) and last traded at GBX 1,994 ($24.76), with a volume of 239482 shares trading hands. The stock had previously closed at GBX 1,962 ($24.37).

IMI Trading Up 1.7 %

The firm has a market cap of £5.13 billion, a P/E ratio of 2,057.73, a P/E/G ratio of 1.12 and a beta of 1.08. The company has a current ratio of 1.36, a quick ratio of 0.80 and a debt-to-equity ratio of 68.33. The business's 50-day moving average is GBX 1,846.28 and its two-hundred day moving average is GBX 1,809.05.

Insider Buying and Selling

In related news, insider Jackie Callaway bought 857 shares of the firm's stock in a transaction on Monday, November 25th. The stock was purchased at an average price of GBX 1,750 ($21.73) per share, with a total value of £14,997.50 ($18,625.81). Also, insider Anne Thorburn bought 5,000 shares of the stock in a transaction that occurred on Friday, November 8th. The stock was purchased at an average price of GBX 1,740 ($21.61) per share, for a total transaction of £87,000 ($108,047.69). Over the last ninety days, insiders acquired 5,878 shares of company stock worth $10,237,809. Corporate insiders own 1.52% of the company's stock.

About IMI

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.