Daily Market Movement: Chart Industries Inc (GTLS) Sees a 0.13 Increase, Closing at 119.80

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The closing price of Chart Industries Inc (NYSE: GTLS) was $119.80 for the day, up 0.13% from the previous closing price of $119.65. In other words, the price has increased by $0.13 from its previous closing price. On the day, 0.51 million shares were traded. GTLS stock price reached its highest trading level at $120.94 during the session, while it also had its lowest trading level at $117.71.

Ratios:

Our analysis of GTLS’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.98 and its Current Ratio is at 1.27. In the meantime, Its Debt-to-Equity ratio is 1.48 whereas as Long-Term Debt/Eq ratio is at 1.37.

TD Cowen reiterated its Buy rating for the stock on May 06, 2024, while the target price for the stock was revised from $260 to $265.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 16 ’24 when Harty Linda S bought 5,000 shares for $48.05 per share. The transaction valued at 240,230 led to the insider holds 5,000 shares of the business.

Hotchkiss Herbert bought 212 shares of GTLS for $24,957 on Sep 16 ’24. The VP, GC and Secretary now owns 212 shares after completing the transaction at $117.72 per share. On Sep 13 ’24, another insider, Harty Linda S, who serves as the Director of the company, bought 1,000 shares for $113.50 each. As a result, the insider paid 113,500 and bolstered with 10,640 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 5128158720 and an Enterprise Value of 9023613952. As of this moment, Chart’s Price-to-Earnings (P/E) ratio for their current fiscal year is 56.08, and their Forward P/E ratio for the next fiscal year is 9.30. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.04. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.31 while its Price-to-Book (P/B) ratio in mrq is 1.83. Its current Enterprise Value per Revenue stands at 2.311 whereas that against EBITDA is 10.577.

Stock Price History:

Over the past 52 weeks, GTLS has reached a high of $171.68, while it has fallen to a 52-week low of $101.60. The 50-Day Moving Average of the stock is -4.06%, while the 200-Day Moving Average is calculated to be -13.50%.

Shares Statistics:

GTLS traded an average of 703.58K shares per day over the past three months and 673320 shares per day over the past ten days. A total of 42.81M shares are outstanding, with a floating share count of 42.56M. Insiders hold about 0.58% of the company’s shares, while institutions hold 116.41% stake in the company. Shares short for GTLS as of 1726185600 were 7158325 with a Short Ratio of 10.17, compared to 1723680000 on 6586086. Therefore, it implies a Short% of Shares Outstanding of 7158325 and a Short% of Float of 22.459999.

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