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

IMI plc (LON:IMI) insider Roy Twite sold 49,259 shares of the business’s stock in a transaction dated Thursday, March 13th. The shares were 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 shares were purchased at an average price of GBX 1,935 ($25.03) per share, with a total value of £154.80 ($200.23).

IMI Trading Up 1.6 %

IMI stock opened at GBX 1,977 ($25.57) on Friday. IMI plc has a 1-year low of GBX 1,630 ($21.08) and a 1-year high of GBX 2,090 ($27.03). The company has a debt-to-equity ratio of 68.33, a current ratio of 1.36 and a quick ratio of 0.80. The company has a market capitalization of £5.01 billion, a price-to-earnings ratio of 20.26, a PEG ratio of 1.12 and a beta of 1.08. The business has a 50 day simple moving average of GBX 1,936.51 and a two-hundred day simple moving average of GBX 1,843.09.

IMI (LON:IMI) last issued its quarterly earnings data on Friday, February 28th. The company reported GBX 122.50 ($1.58) earnings per share (EPS) for the quarter. IMI had a return on equity of 23.85% and a net margin of 11.46%. Research analysts anticipate that IMI plc will post 137.9737609 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada boosted their price objective on IMI from GBX 2,250 ($29.10) to GBX 2,400 ($31.04) and gave the company 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.