IMI plc (LON:IMI) insider Roy Twite purchased 9 shares of the firm’s stock in a transaction dated Tuesday, October 12th. The stock was acquired at an average price of GBX 1,638 ($21.40) per share, for a total transaction of £147.42 ($192.61).
IMI traded up GBX 5 ($0.07) during midday trading on Wednesday, hitting GBX 1,650 ($21.56). 619,497 shares of the company were exchanged, compared to its average volume of 524,786. The firm has a market capitalization of £4.38 billion and a P/E ratio of 24.81. IMI plc has a 1-year low of GBX 1,012 ($13.22) and a 1-year high of GBX 1,862 ($24.33). The firm’s 50 day moving average price is GBX 1,752.31 and its 200-day moving average price is GBX 1,664.98. The company has a quick ratio of 1.02, a current ratio of 1.59 and a debt-to-equity ratio of 58.60.
The business also recently announced a dividend, which was paid on Friday, September 17th. Shareholders of record on Thursday, August 12th were issued a dividend of GBX 7.90 ($0.10) per share. This represents a yield of 0.45%. The ex-dividend date was Thursday, August 12th. IMI’s payout ratio is presently 0.73%.
IMI Company Profile
IMI plc, a specialist engineering company, designs, manufactures, and services engineered products worldwide. The company operates through three divisions: IMI Precision Engineering, IMI Critical Engineering, and IMI Hydronic Engineering. The IMI Precision Engineering division develops motion and fluid control technologies for industrial automation, commercial vehicle, life sciences, energy, and rail applications.
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