Air Products and Chemicals (APD) has risen sharply, recording gains of 3.23% in the past 4 weeks. However, the stock has corrected -0.92% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 3.45% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 1.83% and the fifty day Moving Average is 4.77%. Air Products and Chemicals, Inc. is up 8.5% in the last three month period. Year-to-Date the stock performance stands at 20.02%.
Air Products and Chemicals (APD) : The highest level Air Products and Chemicals (APD) is projected to reach is $180 for the short term and the lowest estimate is at $150. The consolidated price target from 10 rating analysts who initiate coverage on the stock is $164.4 and the possibility the share price can swing is $9.26.
Air Products and Chemicals (NYSE:APD): On Fridays trading session , Opening price of the stock was $155.81 with an intraday high of $156. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $153.57. However, the stock managed to close at $154.25, a loss of 0.95% for the day. On the previous day, the stock had closed at $155.73. The total traded volume of the day was 1,097,017 shares.
Air Products and Chemicals, Inc. (Air Products) serves energy, electronics, chemicals, steel, and manufacturing customers with a portfolio of products, services, and solutions that include atmospheric gases, process and specialty gases, performance materials, equipment, and services. The Company operates in four business segments: Merchant Gases, Tonnage Gases, Electronics and Performance Materials, and Equipment and Energy. Merchant Gases sells atmospheric gases, such as oxygen, nitrogen, and argon, process gases, medical and specialty gases, and certain services and equipment. Tonnage Gases provides hydrogen, carbon monoxide, nitrogen, oxygen, and synthesis gas. Electronics and Performance Materials provide the electronics industry with specialty gases. Equipment and Energy designs and manufactures cryogenic equipment for air separation, hydrocarbon recovery and purification, natural gas liquefaction (LNG), and helium distribution.