Shares of Ingersoll Rand Inc. IR inched 0.35% higher to $49.40 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA rising 0.16% to 33,730.89 and the S&P 500 Index SPX falling 0.41% to 4,124.66. The stock's rise snapped a two-day losing streak. Ingersoll Rand Inc. closed $2.21 below its 52-week high ($51.61), which the company achieved on March 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Otis Worldwide Corp. OTIS fell 1.01% to $70.40, Parker Hannifin Corp. PH rose 0.65% to $317.67, and Dover Corp. DOV fell 0.26% to $138.30. Trading volume (2.0 M) remained 218,109 below its 50-day average volume of 2.2 M.