Trane Technologies plc (NYSE:TT) traded at a new 52-week high today of $198.56. This new high was reached on below average trading volume as 138,000 shares traded hands, while the average 30-day volume is approximately 1.2 million shares.
Based on a current price of $197.89, Trane Technologies plc is currently 24.2% above its average consensus analyst price target of $149.95.
Trane Technologies manufactures and services commercial and residential HVAC systems and transportation refrigeration solutions under its prominent Trane, American Standard, and Thermo King brands. The $12.5 billion company generates approximately 70% of sales from equipment and 30% from parts and services. While the firm is domiciled in Ireland, North America accounts for over 70% of its revenue.
In the past 52 weeks, shares of Trane Technologies plc have traded between a low of $101.76 and a high of $198.56 and is now at $197.89, which is 94% above that low price.
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