IMI plc (LON:IMI - Get Free Report) insider Daniel Shook acquired 7 shares of the company's stock in a transaction dated Tuesday, September 10th. The stock was acquired at an average price of GBX 1,779 ($23.26) per share, for a total transaction of £124.53 ($162.85).
IMI Stock Down 0.2 %
Shares of LON:IMI traded down GBX 4 ($0.05) during trading on Wednesday, hitting GBX 1,783 ($23.32). 24,652,773 shares of the company were exchanged, compared to its average volume of 937,315. 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's 50 day moving average price is GBX 1,804.77 and its 200-day moving average price is GBX 1,802.48. The stock has a market capitalization of £4.60 billion, a P/E ratio of 1,838.14, a PEG ratio of 1.12 and a beta of 1.08. IMI plc has a 12-month low of GBX 1,429 ($18.69) and a 12-month high of GBX 1,911 ($24.99).
IMI Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Monday, September 16th. Shareholders of record on Thursday, August 8th will be paid a GBX 10 ($0.13) dividend. The ex-dividend date is Thursday, August 8th. This represents a yield of 0.55%. IMI's dividend payout ratio is presently 2,989.69%.
About IMI
(
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IMI plc, a specialist engineering company, designs and manufactures engineering products in the United Kingdom, Germany, rest of Europe, the United States of America, rest of the Americas, China, rest of Asia Pacific, the Middle East, and Africa. It operates through IMI Precision Engineering, IMI Critical Engineering, and IMI Hydronic Engineering segments.
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