IMI plc (LON:IMI) Insider Roy Twite Acquires 13 Shares

IMI plc (LON:IMI) insider Roy Twite purchased 13 shares of the stock in a transaction that occurred on Tuesday, September 10th. The stock was bought at an average cost of GBX 1,017 ($13.29) per share, for a total transaction of £132.21 ($172.76).

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

  • On Tuesday, August 13th, Roy Twite acquired 13 shares of IMI stock. The shares were purchased at an average cost of GBX 937 ($12.24) per share, with a total value of £121.81 ($159.17).
  • On Tuesday, July 9th, Roy Twite acquired 12 shares of IMI stock. The shares were purchased at an average cost of GBX 1,011 ($13.21) per share, with a total value of £121.32 ($158.53).

IMI stock traded up GBX 17.50 ($0.23) during midday trading on Wednesday, reaching GBX 1,032 ($13.48). 567,589 shares of the company’s stock traded hands, compared to its average volume of 997,118. The company has a 50-day moving average price of GBX 987.74 and a two-hundred day moving average price of GBX 989.27. The company has a debt-to-equity ratio of 91.54, a quick ratio of 0.84 and a current ratio of 1.34. IMI plc has a 52 week low of GBX 867.50 ($11.34) and a 52 week high of GBX 1,165 ($15.22). The firm has a market capitalization of $2.81 billion and a PE ratio of 16.28.



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

IMI has been the subject of a number of recent research reports. UBS Group reissued a “neutral” rating on shares of IMI in a research report on Wednesday, August 21st. Peel Hunt reaffirmed an “add” rating on shares of IMI in a research report on Tuesday, August 20th. Morgan Stanley reiterated an “overweight” rating on shares of IMI in a research note on Thursday, July 11th. Liberum Capital reissued a “sell” rating on shares of IMI in a report on Tuesday, August 20th. Finally, Credit Suisse Group restated an “underperform” rating on shares of IMI in a research note on Wednesday, July 3rd. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of GBX 1,080 ($14.11).

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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