Chart Industries Inc (NYSE:GTLS) shares, rose in value, with the stock price down by -1.32% to the previous day’s close as strong demand from buyers drove the stock to $150.00.
Actively observing the price movement in the last trading, the stock closed the session at $152.00. The value of beta (5-year monthly) was 1.72 whereas the PE ratio was 349.98 over 12-month period. Referring to stock’s 52-week performance, its high was $184.65, and the low was $106.66. On the whole, GTLS has fluctuated by -9.26% over the past month.
With the market capitalization of Chart Industries Inc currently standing at about $6.34 billion, investors are eagerly awaiting this quarter’s results, scheduled for May 03, 2024.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 4.67B, with a low estimate of 928M and a high estimate of 1.08B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 972.88M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that GTLS’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 12.63, with the price of GTLS currently trading nearly -2.82% and 1.83% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 47.63, while the 7-day volatility ratio is showing 3.36% which for the 30-day chart, stands at 3.21%. Furthermore, Chart Industries Inc (GTLS)’s beta value is 1.72, and its average true range (ATR) is 5.18.
A comparison of Chart Industries Inc (GTLS) with its peers suggests the former has fared considerably weaker in the market. GTLS showed an intraday change of -1.32% in last session, and over the past year, it grew by 17.01%%.
Data on historical trading for Chart Industries Inc (NYSE:GTLS) indicates that the trading volumes over the past 3 months, they’ve averaged 606.80K. According to company’s latest data on outstanding shares, there are 42.28 million shares outstanding.
Nearly 0.56% of Chart Industries Inc’s shares belong to company insiders and institutional investors own 119.20% of the company’s shares. The stock has risen by 10.03% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the GTLS stock heading into the next quarter.
