IMI (LON:IMI) Share Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

IMI plc (LON:IMI)’s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1,797.56 ($22.00) and traded as high as GBX 1,843 ($22.55). IMI shares last traded at GBX 1,829 ($22.38), with a volume of 446,528 shares trading hands.

IMI Stock Down 0.7 %

The company has a quick ratio of 0.80, a current ratio of 1.36 and a debt-to-equity ratio of 68.33. The firm has a 50 day simple moving average of GBX 1,795.15 and a 200-day simple moving average of GBX 1,797.56. The stock has a market cap of £4.70 billion, a P/E ratio of 1,885.57, a price-to-earnings-growth ratio of 1.12 and a beta of 1.08.

Insider Activity at IMI

In related news, insider Jackie Callaway purchased 857 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The shares were acquired at an average price of GBX 1,750 ($21.41) per share, for a total transaction of £14,997.50 ($18,352.30). Also, insider Anne Thorburn purchased 5,000 shares of the stock in a transaction on Friday, November 8th. The stock was bought at an average cost of GBX 1,740 ($21.29) per share, for a total transaction of £87,000 ($106,461.09). In the last quarter, insiders have acquired 5,871 shares of company stock worth $10,224,957. Company insiders own 1.52% of the company’s stock.

About IMI

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.