Ingersoll Rand Inc. (IR) is priced at $37.19 after the most recent trading session. At the very opening of the session, the stock price was $36.50 and reached a high price of $37.63, prior to closing the session it reached the value of $36.93. The stock touched a low price of $36.10.
Recently in News on September 10, 2020, Ingersoll Rand to Virtually Participate at 2020 Morgan Stanley Laguna Conference. Ingersoll Rand Inc., (NYSE: IR) a global provider of mission-critical flow creation and industrial solutions, announced that Vicente Reynal, Chief Executive Officer, and Vikram Kini, Chief Financial Officer, will virtually participate in a fireside chat at the 2020 Morgan Stanley Laguna Conference on Tuesday, September 15, 2020 at 12:00 PM Eastern time. You can read further details here
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Ingersoll Rand Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $38.96 on 02/21/20, with the lowest value was $17.01 for the same time period, recorded on 03/18/20.
Ingersoll Rand Inc. (IR) full year performance was 20.94%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Ingersoll Rand Inc. shares are logging -4.54% during the 52-week period from high price, and 118.64% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $17.01 and $38.96.
The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 3148816 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Ingersoll Rand Inc. (IR) recorded performance in the market was 1.39%, having the revenues showcasing 26.58% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 15.10B, as it employees total of 6600 workers.
Specialists analysis on Ingersoll Rand Inc. (IR)
During the last month, 5 analysts gave the Ingersoll Rand Inc. a BUY rating, 1 of the polled analysts branded the stock as an OVERWEIGHT, 10 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 31.39, with a change in the price was noted +8.42. In a similar fashion, Ingersoll Rand Inc. posted a movement of +29.27% for the period of last 100 days, recording 3,213,702 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for IR is recording 0.45 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.45.
Trends and Technical analysis: Ingersoll Rand Inc. (IR)
Raw Stochastic average of Ingersoll Rand Inc. in the period of last 50 days is set at 95.80%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 88.42%. In the last 20 days, the company’s Stochastic %K was 88.58% and its Stochastic %D was recorded 90.34%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 1.39%. Additionally, trading for the stock in the period of the last six months notably improved by 85.86%, alongside a boost of 20.94% for the period of the last 12 months. The shares increased approximately by 6.17% in the 7-day charts and went down by 7.42% in the period of the last 30 days. Common stock shares were driven by 26.58% during last recorded quarter.