IMI (OTCMKTS:IMIAF) Trading 0.2% Higher – Still a Buy?

Shares of IMI plc (OTCMKTS:IMIAFGet Free Report) shot up 0.2% on Monday . The company traded as high as $22.35 and last traded at $22.35. 900 shares changed hands during mid-day trading, a decline of 29% from the average session volume of 1,275 shares. The stock had previously closed at $22.30.

IMI Price Performance

The company’s 50 day moving average price is $23.41 and its two-hundred day moving average price is $23.39.

IMI Company Profile

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IMI plc, an engineering company, engages in the design, manufacturing, and servicing of engineering products in the United Kingdom, Germany, rest of Europe, the United States, rest of the Americas, China, rest of the Asia Pacific, the Middle East, and Africa. The company offers engineering protects for extreme temperatures and pressure environments; supplying flow control solutions in critical applications, including liquified natural gas (LNG) production, upstream oil and gas facilities, petrochemical processes, biopharma processing, combined cycle and nuclear power, marine, and other process industries; and installs severe service valves for supporting critical industrial plants and processes.

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