For the readers interested in the stock health of Ingersoll Rand Inc. (IR). It is currently valued at $35.98. When the transactions were called off in the previous session, Stock hit the highs of $36.13, after setting-off with the price of $35.56. Company’s stock value dipped to $35.36 during the trading on the day. When the trading was stopped its value was $34.94.
Recently in News on November 2, 2020, Ingersoll Rand Reports Third-Quarter 2020 Results. Important note: On February 29, 2020, Gardner Denver Holdings, Inc. closed on the acquisition of Ingersoll-Rand plc’s Industrial segment (“the Transaction”) and assumed the name Ingersoll Rand Inc. “Reported results” reflect the respective contributions from each company based on the close of the Transaction. For comparative purposes, management has also presented herein Supplemental Financial Information as if the Transaction was completed on January 1, 2018. All comparisons provided are on a year-over-year basis unless otherwise noted. 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 9.53%
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 -7.65% during the 52-week period from high price, and 111.52% 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 2096811 for the day, which was evidently lower, 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 -1.91%, having the revenues showcasing 10.20% 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 15.07B, as it employees total of 6600 workers.
Market experts do have their say about 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 33.64, with a change in the price was noted +5.23. In a similar fashion, Ingersoll Rand Inc. posted a movement of +17.01% for the period of last 100 days, recording 2,884,313 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.
Technical breakdown of Ingersoll Rand Inc. (IR)
Raw Stochastic average of Ingersoll Rand Inc. in the period of last 50 days is set at 44.95%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 40.15%. In the last 20 days, the company’s Stochastic %K was 21.64% and its Stochastic %D was recorded 17.46%.
Bearing in mind the latest performance of Ingersoll Rand Inc., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -1.91%. Additionally, trading for the stock in the period of the last six months notably improved by 30.41%, alongside a boost of 9.53% for the period of the last 12 months. The shares increased approximately by -1.59% in the 7-day charts and went down by -0.28% in the period of the last 30 days. Common stock shares were driven by 10.20% during last recorded quarter.