IMI plc (LON:IMI) insider Roy Twite acquired 13 shares of the company’s stock in a transaction that occurred on Tuesday, August 13th. The shares were acquired at an average cost of GBX 937 ($12.24) per share, with a total value of £121.81 ($159.17).

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

  • On Tuesday, July 9th, Roy Twite acquired 12 shares of IMI stock. The shares were acquired at an average cost of GBX 1,011 ($13.21) per share, with a total value of £121.32 ($158.53).

LON IMI traded down GBX 28.40 ($0.37) during trading hours on Wednesday, reaching GBX 927 ($12.11). 662,725 shares of the stock traded hands, compared to its average volume of 997,118. The firm has a 50 day moving average price of GBX 1,012.35. IMI plc has a 1 year low of GBX 867.50 ($11.34) and a 1 year high of GBX 1,237 ($16.16). The company has a debt-to-equity ratio of 91.54, a quick ratio of 0.84 and a current ratio of 1.34. The firm has a market cap of $2.52 billion and a P/E ratio of 14.62.

The company also recently declared a dividend, which will be paid on Friday, September 13th. Shareholders of record on Thursday, August 8th will be given a dividend of GBX 14.90 ($0.19) per share. The ex-dividend date of this dividend is Thursday, August 8th. This represents a yield of 1.44%. IMI’s payout ratio is 0.65%.

Several equities research analysts recently issued reports on the company. Goldman Sachs Group reissued a “buy” rating on shares of IMI in a research note on Wednesday, July 10th. Jefferies Financial Group reissued a “buy” rating on shares of IMI in a research note on Wednesday, July 24th. Liberum Capital reissued a “sell” rating on shares of IMI in a research note on Friday, July 26th. Credit Suisse Group restated an “underperform” rating on shares of IMI in a research report on Wednesday, July 3rd. Finally, Morgan Stanley restated an “overweight” rating on shares of IMI in a research report on Thursday, July 11th. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of GBX 1,075 ($14.05).

IMI Company Profile

IMI plc designs, manufactures, and services engineered products worldwide. The company operates through three divisions: IMI Critical Engineering, IMI Precision Engineering, and IMI Hydronic Engineering. The IMI Critical Engineering division offers flow control solutions. It provides valve and actuator systems to LNG compression facilities; integrated flow control systems for fluid catalytic cracking application; valves into ethylene, polypropylene, and delayed coking production processes; actuation systems to operate industrial valves; and turbine by-pass valves for power plants.

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Insider Buying and Selling by Quarter for IMI (LON:IMI)

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