IMI plc (LON:IMI) insider Caroline Dowling purchased 1,714 shares of the business’s stock in a transaction on Monday, July 27th. The shares were purchased at an average cost of GBX 1,065 ($13.11) per share, for a total transaction of £18,254.10 ($22,463.82).
Shares of IMI stock opened at GBX 1,081 ($13.30) on Friday. The business’s fifty day moving average price is GBX 951.48 and its 200 day moving average price is GBX 934.68. IMI plc has a 1-year low of GBX 9.16 ($0.11) and a 1-year high of GBX 1,214.50 ($14.95). The firm has a market capitalization of $2.94 billion and a PE ratio of 18.80. The company has a debt-to-equity ratio of 74.10, a current ratio of 1.37 and a quick ratio of 0.83.
The company also recently announced a dividend, which will be paid on Friday, September 11th. Shareholders of record on Thursday, August 6th will be given a dividend of GBX 26.20 ($0.32) per share. The ex-dividend date of this dividend is Thursday, August 6th. This represents a yield of 2.44%. IMI’s payout ratio is 0.71%.
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.
See Also: Retained Earnings
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