Trimas traded at $42.01 this Thursday July 2nd, decreasing $1.27 or 2.93 percent since the previous trading session. Looking back, over the last four weeks, Trimas lost 7.50 percent. Over the last 12 months, its price rose by 40.17 percent. Looking ahead, we forecast Trimas to be priced at 43.65 by the end of this quarter and at 40.99 in one year, according to Trading Economics global macro models projections and analysts expectations.
TriMas Corporation is a manufacturer and provider of products for customers primarily in the consumer products, aerospace and industrial markets. The Company operates through three segments: Packaging, Aerospace, and Specialty Products. The Packaging segment develops and manufactures an array of dispensing products, polymeric and steel caps and closures, polymeric jar products, and integrated dispensers for fill-ready bag-in-box applications. The Aerospace segment develops, qualifies and manufactures engineered, precision fasteners, tubular products and assemblies for fluid conveyance, and machined products, and assemblies to serve the aerospace and defense market. The Specialty Products segment designs, manufactures and distributes engineered steel cylinders, wellhead engines and compression systems for use within industrial markets. Its brands include Rieke, Affaba & Ferrari, Taplast, Monogram Aerospace Fasteners, Allfast Fastening Systems, Norris Cylinder, and Arrow Engine Company.