Ingersoll-Rand Inc’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $96.17 on 03/25/24 and a low of $53.24 for the same time frame on 04/26/23.
52-week price history of IR Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Ingersoll-Rand Inc’s current trading price is -4.72% away from its 52-week high, while its distance from the 52-week low is 72.11%. The stock’s price range during the 52-week period has remained between $53.24 and $96.17. In the Industrials sector, the company’s shares saw a trading volume of around 1.77 million for the day, which was evidently lower than the average daily volume of 2.51 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Ingersoll-Rand Inc (IR) has experienced a quarterly rise of 16.22% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 36.97B and boasts a workforce of 18000 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 84.35, with a change in price of +21.92. Similarly, Ingersoll-Rand Inc recorded 2,372,423 in trading volume during the last 100 days, posting a change of +31.49%.
Examining IR’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for IR stands at 0.29. Similarly, the long-term debt-to-equity ratio is also 0.29.
IR Stock Stochastic Average
Ingersoll-Rand Inc’s raw stochastic average for the past 50 days is presently 62.59%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 51.04%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 34.52% and 21.46%, respectively.
IR Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. The index has shown a price gain of 18.48% this year. Over the last six months, there has been a weaker performance of 54.49%. The price of IR leaped by -3.02% during the last 30 days period. For the last 5-days stocks have improved 2.30%.
