IMI plc (LON:IMI) Insider Sells £966,461.58 in Stock

IMI plc (LON:IMI - Get Free Report) insider Roy Twite sold 49,259 shares of the business's stock in a transaction on Thursday, March 13th. The stock was sold at an average price of GBX 1,962 ($25.48), for a total value of £966,461.58 ($1,255,307.94).

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

• On Tuesday, February 11th, Roy Twite purchased 8 shares of IMI stock. The shares were purchased at an average cost of GBX 1,935 ($25.13) per share, with a total value of £154.80 ($201.07).

IMI Stock Performance

Shares of IMI stock traded up GBX 57 ($0.74) on Tuesday, hitting GBX 2,036 ($26.44). The company had a trading volume of 87,335,734 shares, compared to its average volume of 3,778,532. The firm has a market cap of £5.16 billion, a P/E ratio of 20.86, a price-to-earnings-growth ratio of 1.12 and a beta of 1.08. The company has a 50-day moving average price of GBX 1,939.15 and a 200-day moving average price of GBX 1,844.51. The company has a quick ratio of 0.80, a current ratio of 1.36 and a debt-to-equity ratio of 68.33. IMI plc has a twelve month low of GBX 1,630 ($21.17) and a twelve month high of GBX 2,090 ($27.15).

IMI (LON:IMI - Get Free Report) last announced its quarterly earnings results on Friday, February 28th. The company reported GBX 122.50 ($1.59) earnings per share for the quarter. IMI had a return on equity of 23.85% and a net margin of 11.46%. As a group, equities research analysts predict that IMI plc will post 137.9737609 earnings per share for the current fiscal year.

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Analyst Ratings Changes

Separately, Royal Bank of Canada lifted their price target on IMI from GBX 2,250 ($29.22) to GBX 2,400 ($31.17) and gave the stock an "outperform" rating in a research 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.