IMI plc (LON:IMI – Get Free Report) insider Thomas Thune Andersen purchased 400 shares of the stock in a transaction dated Friday, July 28th. The shares were purchased at an average price of GBX 1,600 ($20.54) per share, with a total value of £6,400 ($8,216.72).
IMI Stock Up 0.6 %
Shares of LON IMI opened at GBX 1,629 ($20.91) on Tuesday. The stock has a market cap of £4.25 billion, a P/E ratio of 1,872.41, a PEG ratio of 1.12 and a beta of 1.13. The company has a current ratio of 1.29, a quick ratio of 0.80 and a debt-to-equity ratio of 104.35. IMI plc has a 12-month low of GBX 1,069 ($13.72) and a 12-month high of GBX 1,687.10 ($21.66). The business’s fifty day simple moving average is GBX 1,614.48 and its 200-day simple moving average is GBX 1,559.52.
IMI Cuts Dividend
The firm also recently declared a dividend, which will be paid on Friday, September 15th. Shareholders of record on Thursday, August 10th will be paid a GBX 9.10 ($0.12) dividend. This represents a yield of 0.55%. The ex-dividend date is Thursday, August 10th. IMI’s dividend payout ratio is presently 3,103.45%.
Analysts Set New Price Targets
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.
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