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

IMI plc (LON:IMI) insider Roy Twite sold 49,259 shares of the company’s stock in a transaction on Thursday, March 13th. The stock was sold at an average price of GBX 1,962 ($25.36), for a total transaction of £966,461.58 ($1,249,304.01).

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

• On Tuesday, February 11th, Roy Twite bought 8 shares of IMI stock. The stock was purchased at an average cost of GBX 1,935 ($25.01) per share, for a total transaction of £154.80 ($200.10).

IMI Stock Up 1.6 %

IMI opened at GBX 1,977 ($25.56) on Monday. The stock has a market cap of £5.01 billion, a PE ratio of 20.26, a P/E/G ratio of 1.12 and a beta of 1.08. The company has a quick ratio of 0.80, a current ratio of 1.36 and a debt-to-equity ratio of 68.33. IMI plc has a 52 week low of GBX 1,630 ($21.07) and a 52 week high of GBX 2,090 ($27.02). The business’s fifty day simple moving average is GBX 1,936.51 and its 200 day simple moving average is GBX 1,843.34.

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

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada increased their target price on IMI from GBX 2,250 ($29.08) to GBX 2,400 ($31.02) 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.