Daniel Shook Purchases 7 Shares of IMI plc (LON:IMI) Stock

IMI plc (LON:IMI) insider Daniel Shook acquired 7 shares of the company’s stock in a transaction on Tuesday, October 8th. The shares were purchased at an average cost of GBX 1,805 ($23.62) per share, for a total transaction of £126.35 ($165.36).

Daniel Shook also recently made the following trade(s):

• On Tuesday, September 10th, Daniel Shook acquired 7 shares of IMI stock. The shares were purchased at an average cost of GBX 1,779 ($23.28) per share, for a total transaction of £124.53 ($162.98).

IMI Stock Performance

Shares of IMI stock traded up GBX 30 ($0.39) during mid-day trading on Wednesday, hitting GBX 1,820 ($23.82). 626,149 shares of the stock were exchanged, compared to its average volume of 811,713. The stock’s fifty day simple moving average is GBX 1,807.72 and its two-hundred day simple moving average is GBX 1,811.31. The stock has a market capitalization of £4.67 billion, a price-to-earnings ratio of 1,875.26, a P/E/G ratio of 1.12 and a beta of 1.08. IMI plc has a 12-month low of GBX 1,429 ($18.70) and a 12-month high of GBX 1,911 ($25.01). The company has a debt-to-equity ratio of 68.33, a quick ratio of 0.80 and a current ratio of 1.36.

IMI Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, September 16th. Shareholders of record on Thursday, August 8th were issued a dividend of GBX 10 ($0.13) per share. This represents a dividend yield of 0.55%. The ex-dividend date was Thursday, August 8th. IMI’s payout ratio is 2,989.69%.

About IMI

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.