The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a gain of 3.92%.However, over the last six months, we can see a stronger performance of -4.92%. Over the last 30 days, the price of IR has fallen by 2.66%. And in the last five days, it has fallen by -0.05%.
Ingersoll-Rand Inc’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $106.03 on 11/25/24 and a low of $79.73 for the same time frame on 01/31/24.
52-week price history of IR Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Ingersoll-Rand Inc’s current trading price is -11.34% away from its 52-week high, while its distance from the 52-week low is 17.91%. The stock’s price range during this period has varied between$79.73 and $106.03. The Ingersoll-Rand Inc’s shares, which operate in the Industrials, saw a trading volume of around 2.53 million for the day, a figure considerably higher than their average daily volume of 2.14 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Ingersoll-Rand Inc (IR) has experienced a quarterly decline of -3.19% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 37.89B and boasts a workforce of 18000 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 96.95, with a change in price of +6.40. Similarly, Ingersoll-Rand Inc recorded 2,189,619 in trading volume during the last 100 days, posting a change of +7.31%.
IR’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for IR stands at 0.47. Similarly, the long-term debt-to-equity ratio is also 0.47.
IR Stock Stochastic Average
As of today, Ingersoll-Rand Inc’s raw stochastic average for the last 50 days stands at 39.99%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 91.13%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 68.83% and 65.98%, respectively.