IMI (LON:IMI) Hits New 52-Week High – Here’s What Happened

IMI plc (LON:IMI)’s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 1,979 ($24.71) and last traded at GBX 1,969 ($24.58), with a volume of 621796 shares changing hands. The stock had previously closed at GBX 1,951 ($24.36).

IMI Trading Up 0.1 %

The firm has a market cap of £5.07 billion, a price-to-earnings ratio of 2,036.08, a price-to-earnings-growth ratio of 1.12 and a beta of 1.08. The business’s 50 day moving average price is GBX 1,826.72 and its 200-day moving average price is GBX 1,804.94. The company has a debt-to-equity ratio of 68.33, a quick ratio of 0.80 and a current ratio of 1.36.

Insider Buying and Selling

In other IMI news, insider Anne Thorburn acquired 5,000 shares of the company’s stock in a transaction that occurred on Friday, November 8th. The shares were purchased at an average price of GBX 1,740 ($21.73) per share, for a total transaction of £87,000 ($108,627.79). Also, insider Jackie Callaway acquired 857 shares of the company’s stock in a transaction that occurred on Monday, November 25th. The shares were acquired at an average price of GBX 1,750 ($21.85) per share, for a total transaction of £14,997.50 ($18,725.81). Insiders have acquired a total of 5,878 shares of company stock worth $10,237,809 over the last quarter. 1.52% of the stock is owned by company insiders.

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.