Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Ingersoll-Rand Inc’s current trading price is -12.71% away from its 52-week high, while its distance from the 52-week low is 10.55%. The stock’s price range during this period has varied between $83.72 and $106.03. The company, active in the Industrials sector, saw a trading volume of around 2.62 million for the day, considerably higher average daily volume of 2.04 million observed over the last three months.
Ingersoll-Rand Inc’s stock market performance has been consistent. The 1-year high for the company’s stock was recorded at $106.03 on 11/25/24, with the lowest value being $83.72 on 08/05/24.
How Financial Performance Impacts Market Capitalization
Ingersoll-Rand Inc (IR) has experienced a quarterly decline of -11.69% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 37.30B and boasts a workforce of 18000 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 97.09, with a change in price of -5.10. Similarly, Ingersoll-Rand Inc recorded 2,166,064 in trading volume during the last 100 days, posting a change of -5.22%.
How IR’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to 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, the raw stochastic average of Ingersoll-Rand Inc over the past 50 days is 33.33%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 40.70%. Additionally, the Stochastic %K and %D values for the company were 35.82% and 44.17%, respectively, over the past 20 days.
IR Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The metric has seen a significant gain of 2.31% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 2.94%. Over the past 30 days, the price of IR has fallen by 3.52%. And in the last five days, it has surged by 0.19%.
