Ingersoll Rand Inc. Sees Trading Volume Plunge 60.24% Despite Stock Price Gains

Generado por agente de IAAinvest Market Brief
martes, 13 de mayo de 2025, 7:59 pm ET1 min de lectura
IR--

On May 13, 2025, Ingersoll Rand Inc.IR-- (IR) experienced a significant drop in trading volume, with a total of 2.35 billion shares traded, marking a 60.24% decrease from the previous day. Despite this, the stock price rose by 0.33%, marking the fifth consecutive day of gains and a total increase of 11.30% over the past five days.

On May 12, Ingersoll Rand Inc. (IR) saw a notable surge in its stock price, reaching an intraday high of $84.62 before closing at $84.15, up from its previous close of $79.32. This price movement places IRIR-- 20.64% below its 52-week high of $106.03 and 28.26% above its 52-week low of $65.61. The trading volume for the day was 2,666,559 shares, which is 79.0% of the average daily volume of 3,375,453.

Analysts have provided a range of price targets for Ingersoll Rand Inc. (IR), with an average target price of $90.27. This target suggests a potential upside of 7.27% from the current price of $84.15. The high estimate for the stock is $101.00, while the low estimate is $77.00. Additionally, the consensus recommendation from 17 brokerage firms indicates an "Outperform" status for IR, with an average brokerage recommendation of 2.3 on a scale where 1 signifies a Strong Buy and 5 denotes a Sell.

GuruFocus estimates the GF Value for Ingersoll Rand Inc. (IR) to be $81.53 in one year, suggesting a downside of 3.11% from the current price of $84.15. The GF Value is an estimate of the fair value at which the stock should be traded, calculated based on historical trading multiples, past business growth, and future performance estimates.

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