Ingersoll-Rand plc (Ireland) (NYSE:IR) : Traders are bullish on Ingersoll-Rand plc (Ireland) (NYSE:IR) as it has outperformed the S&P 500 by a wide margin of 0.32% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.4%, 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 2.7% in the last 1 week, and is up 1.94% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have dropped -2.22% from its 1 Year high price. On Jul 20, 2015, the shares registered one year high at $69.28 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $64.72 and the 200 Day Moving Average price is recorded at $59.53.
The stock has recorded a 20-day Moving Average of 2.88% and the 50-Day Moving Average is 1.46%.
Ingersoll-Rand plc (Ireland) (NYSE:IR): stock turned positive on Friday. Though the stock opened at $65.14, the bulls momentum made the stock top out at $65.86 level for the day. The stock recorded a low of $65.14 and closed the trading day at $65.74, in the green by 1.89%. The total traded volume for the day was 1,216,548. The stock had closed at $64.52 in the previous days trading.
In an insider trading activity, The officer (Senior Vice President), of Ingersoll-Rand Plc, Camuti Paul A had unloaded 4,800 shares at $49.19 per share in a transaction on May 26, 2016. The total value of transaction was $236,112. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
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.