Ingersoll-Rand plc (Ireland) (IR) : Traders are bullish on Ingersoll-Rand plc (Ireland) (IR) as it has outperformed the S&P 500 by a wide margin of 0.4% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.81%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.32% in the last 1 week, and is up 0.26% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 0.99% and the 50-Day Moving Average is 2.97%.The 200 Day SMA reached 13.48%. Ingersoll-Rand Plc is up 4.5% in the last 3-month period. Year-to-Date the stock performance stands at 25.25%.
Ingersoll-Rand plc (Ireland) (NYSE:IR): After opening at $68.51, the stock dipped to an intraday low of $68.14 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $68.97 and the buying power remained strong till the end. The stock closed at $68.53 for the day, a gain of 0.54% for the day session. The total traded volume was 1,076,100. The stocks close on the previous trading day was $68.16.
Ingersoll-Rand Public Limited Company (IR-Ireland) is a diversified, global company that provides products, services and solutions to improve the quality and comfort of air in homes and buildings, transport and protect food and perishables. The Company is also engaged in the design, manufacture, sale and service of a portfolio of industrial and commercial products. The Company focuses on parts, service, used equipment and rentals. Its business segments consist of Climate and Industrial. The Climate segment includes Trane and American Standard Heating and Air Conditioning, which provides heating, ventilation and air conditioning (HVAC) systems; commercial and residential building services, parts, support and controls, and Thermo King transport temperature control solutions. The Industrial segment includes Ingersoll Rand compressed air systems and services, power tools, material handling systems, ARO fluid management equipment, Club Car golf, utility and rough terrain vehicles.