IMI (LON:IMI) Hits New 1-Year High – Should You Buy?

IMI plc (LON:IMI) shares reached a new 52-week high on Thursday . The company traded as high as GBX 2,000.01 ($24.90) and last traded at GBX 1,994 ($24.83), with a volume of 239482 shares traded. The stock had previously closed at GBX 1,962 ($24.43).

IMI Stock Up 1.7 %

The company has a debt-to-equity ratio of 68.33, a current ratio of 1.36 and a quick ratio of 0.80. The company has a market cap of £5.12 billion, a P/E ratio of 2,056.70, a PEG ratio of 1.12 and a beta of 1.08. The stock has a 50-day moving average of GBX 1,840.94 and a 200 day moving average of GBX 1,808.29.

Insider Buying and Selling

In related news, insider Anne Thorburn purchased 5,000 shares of the firm’s stock in a transaction that occurred on Friday, November 8th. The shares were bought at an average price of GBX 1,740 ($21.66) per share, for a total transaction of £87,000 ($108,316.73). Also, insider Jackie Callaway purchased 857 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The stock was bought at an average price of GBX 1,750 ($21.79) per share, for a total transaction of £14,997.50 ($18,672.19). Over the last quarter, insiders have purchased 5,878 shares of company stock worth $10,237,809. 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.