NYSE:IRMachinery
Ingersoll Rand (IR) Valuation Check After Garrett Motion Partnership On Oil Free Air Technologies
Ingersoll Rand (IR) has entered a multiyear partnership with Garrett Motion to develop next generation oil-free air technologies aimed at greater energy efficiency, reliability, and air purity across critical industrial markets.
See our latest analysis for Ingersoll Rand.
Despite the new partnership announcement, Ingersoll Rand’s recent trading has been weak, with the share price down 25.8% over the past 90 days and the 1 year total shareholder return declining 11.7%. Recent momentum has...