IMI plc (LON:IMI) Insider Roy Twite Sells 49,259 Shares of Stock

IMI plc (LON:IMI) 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 ($25.38), for a total value of £966,461.58 ($1,250,111.99).

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

• On Tuesday, February 11th, Roy Twite purchased 8 shares of IMI stock. The stock was acquired at an average cost of GBX 1,935 ($25.03) per share, for a total transaction of £154.80 ($200.23).

IMI Price Performance

IMI opened at GBX 1,977 ($25.57) on Friday. The stock’s 50-day moving average price is GBX 1,936.51 and its 200 day moving average price is GBX 1,843. IMI plc has a 12-month low of GBX 1,630 ($21.08) and a 12-month high of GBX 2,090 ($27.03). The company has a current ratio of 1.36, a quick ratio of 0.80 and a debt-to-equity ratio of 68.33. The firm has a market cap of £5.01 billion, a price-to-earnings ratio of 20.26, a PEG ratio of 1.12 and a beta of 1.08.

IMI (LON:IMI) last issued its quarterly earnings results on Friday, February 28th. The company reported GBX 122.50 ($1.58) 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, sell-side analysts expect that IMI plc will post 137.9737609 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada increased their target price on IMI from GBX 2,250 ($29.10) to GBX 2,400 ($31.04) and gave the stock an “outperform” rating in a research note 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.