Chart Industries Inc (GTLS)’s Market Momentum: Closing Strong at 156.00, Down -2.93

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As of close of business last night, Chart Industries Inc’s stock clocked out at $156.00, down -2.93% from its previous closing price of $160.71. In other words, the price has decreased by -$2.93 from its previous closing price. On the day, 0.62 million shares were traded. GTLS stock price reached its highest trading level at $162.525 during the session, while it also had its lowest trading level at $155.93.

Ratios:

To gain a deeper understanding of GTLS’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.95 and its Current Ratio is at 1.25. In the meantime, Its Debt-to-Equity ratio is 1.48 whereas as Long-Term Debt/Eq ratio is at 1.38.

On May 06, 2024, TD Cowen reiterated its Buy rating and also lowered its target price recommendation from $260 to $265.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on May 10 ’24 when Evanko Jillian C. bought 490 shares for $153.44 per share. The transaction valued at 75,186 led to the insider holds 125,008 shares of the business.

Harty Linda S bought 1,000 shares of GTLS for $130,140 on Dec 15 ’23. The Director now owns 8,310 shares after completing the transaction at $130.14 per share. On Dec 14 ’23, another insider, Harty Linda S, who serves as the Director of the company, bought 500 shares for $134.44 each. As a result, the insider paid 67,222 and bolstered with 7,310 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GTLS now has a Market Capitalization of 6676956160 and an Enterprise Value of 10601880576. As of this moment, Chart’s Price-to-Earnings (P/E) ratio for their current fiscal year is 143.45, and their Forward P/E ratio for the next fiscal year is 10.92. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.18. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.77 while its Price-to-Book (P/B) ratio in mrq is 2.39. Its current Enterprise Value per Revenue stands at 2.811 whereas that against EBITDA is 13.294.

Stock Price History:

The Beta on a monthly basis for GTLS is 1.73, which has changed by 0.3109244 over the last 52 weeks, in comparison to a change of 0.2644323 over the same period for the S&P500. Over the past 52 weeks, GTLS has reached a high of $184.65, while it has fallen to a 52-week low of $106.66. The 50-Day Moving Average of the stock is 2.46%, while the 200-Day Moving Average is calculated to be 7.16%.

Shares Statistics:

It appears that GTLS traded 588.65K shares on average per day over the past three months and 751260 shares per day over the past ten days. A total of 42.80M shares are outstanding, with a floating share count of 42.57M. Insiders hold about 0.55% of the company’s shares, while institutions hold 117.93% stake in the company. Shares short for GTLS as of 1714435200 were 5915438 with a Short Ratio of 10.05, compared to 1711584000 on 6051566. Therefore, it implies a Short% of Shares Outstanding of 5915438 and a Short% of Float of 18.56.

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