Ingersoll Rand stock hits 52-week high at 99.59 USD By Investing.com

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Ingersoll Rand Inc. (IR) stock reached a 52-week high of $99.59, closely aligning with its current trading price of $99.49, reflecting strong year-to-date returns of 23.45% and a 27.99% gain over the last six months. InvestingPro analysis suggests the stock is trading above its Fair Value, indicating a need for investors to monitor valuation metrics despite the company’s “GOOD” financial health rating and a P/E ratio of 73.21. In recent news, Ingersoll Rand expanded its life sciences portfolio by acquiring Scinomix, Inc., and appointed Jerome Guillen, formerly of Tesla, to its Board of Directors, reinforcing strategic growth and leadership.

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