IMI plc (LON:IMI) Insider Daniel Shook Purchases 7 Shares

IMI plc (LON:IMI) insider Daniel Shook purchased 7 shares of IMI stock in a transaction dated Tuesday, June 11th. The shares were acquired at an average cost of GBX 1,856 ($23.63) per share, for a total transaction of £129.92 ($165.44).

Daniel Shook also recently made the following trade(s):

• On Tuesday, May 14th, Daniel Shook purchased 6 shares of IMI stock. The shares were acquired at an average cost of GBX 1,874 ($23.86) per share, for a total transaction of £112.44 ($143.18).
• On Tuesday, April 9th, Daniel Shook purchased 7 shares of IMI stock. The shares were acquired at an average cost of GBX 1,790 ($22.79) per share, for a total transaction of £125.30 ($159.56).

IMI Price Performance

LON IMI opened at GBX 1,841 ($23.44) on Thursday. The company has a debt-to-equity ratio of 72.33, a current ratio of 1.50 and a quick ratio of 0.80. The stock’s fifty day moving average price is GBX 1,815.90 and its 200 day moving average price is GBX 1,735.17. IMI plc has a 1 year low of GBX 1,429 ($18.20) and a 1 year high of GBX 1,911 ($24.33). The company has a market cap of £4.78 billion, a price-to-earnings ratio of 1,979.57, a PEG ratio of 1.12 and a beta of 1.13.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,950 ($24.83) price target on shares of IMI in a research report on Monday, March 4th. Royal Bank of Canada reissued an “outperform” rating and issued a GBX 2,150 ($27.38) target price on shares of IMI in a research report on Thursday, February 29th.

About IMI

IMI plc, a specialist engineering company, designs and manufactures engineering products in the United Kingdom, Germany, rest of Europe, the United States of America, rest of the Americas, China, rest of Asia Pacific, the Middle East, and Africa. It operates through IMI Precision Engineering, IMI Critical Engineering, and IMI Hydronic Engineering segments.