IMI (LON:IMI) Shares Cross Above Two Hundred Day Moving Average – Here’s What Happened

IMI plc (LON:IMI) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 1,795.63 ($22.31) and traded as high as GBX 1,843 ($22.89). IMI shares last traded at GBX 1,821 ($22.62), with a volume of 183,913 shares trading hands.

IMI Price Performance

The company has a current ratio of 1.36, a quick ratio of 0.80 and a debt-to-equity ratio of 68.33. The company’s 50 day moving average is GBX 1,777.67 and its 200-day moving average is GBX 1,795.63. The stock has a market cap of £4.68 billion, a PE ratio of 1,877.32, a P/E/G ratio of 1.12 and a beta of 1.08.

Insider Transactions at IMI

In related news, insider Anne Thorburn purchased 5,000 shares of the firm’s stock in a transaction dated Friday, November 8th. The stock was acquired at an average price of GBX 1,740 ($21.61) per share, with a total value of £87,000 ($108,074.53). Also, insider Jackie Callaway purchased 857 shares of the company’s stock in a transaction that occurred on Monday, November 25th. The stock was bought at an average price of GBX 1,750 ($21.74) per share, with a total value of £14,997.50 ($18,630.43). Over the last ninety days, insiders have acquired 5,878 shares of company stock valued at $10,237,592. 1.52% of the stock is currently owned by insiders.

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.