IMI traded at 2,660.00 this Thursday March 26th, decreasing 50.00 or 1.85 percent since the previous trading session. Looking back, over the last four weeks, IMI lost 7.64 percent. Over the last 12 months, its price rose by 36.48 percent. Looking ahead, we forecast IMI to be priced at 2,625.32 by the end of this quarter and at 2,459.60 in one year, according to Trading Economics global macro models projections and analysts expectations.
IMI plc is a United Kingdom-based engineering company. The Company is principally engaged in designing, manufacturing and serving engineered products that control the precise movement of fluids. The Company operates through IMI Critical Engineering, IMI precision engineering and IMI hydronic engineering segments. The IMI critical engineering segment provides flow control solutions that enable vital energy and process industries to operate competently. The IMI precision engineering segment specializes in developing motion and fluid control technologies for applications where precision, speed and reliability are essential. The IMI hydronic engineering segment is engaged in designing and manufacturing technologies that delivers heating and cooling systems to the residential and commercial building sectors. Its brands include Norgren, Buschjost, Herion, Kloehn, Maxseal, Thompson Valves, IMI Fluid Kinetics, IMI InterAtiva, IMI Remosa, IMI Truflo Marine, IMI Pneumatex and IMI Heimeier.