Chart Industries (GTLS) : Traders are bullish on Chart Industries (GTLS) as it has outperformed the S&P 500 by a wide margin of 16.64% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 18.69%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 18.61% in the last 1 week, and is up 20.56% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 18.44% and the 50-Day Moving Average is 17.84%. Chart Industries Inc. is up 16.63% in the last 3-month period. Year-to-Date the stock performance stands at 67.15%.
Chart Industries (NASDAQ:GTLS): stock turned positive on Friday. Though the stock opened at $29.44, the bulls momentum made the stock top out at $31.41 level for the day. The stock recorded a low of $29.44 and closed the trading day at $30.02, in the green by 2.60%. The total traded volume for the day was 1,172,502. The stock had closed at $29.26 in the previous days trading.
Chart Industries, Inc. (Chart) is a diversified manufacturer of engineered equipment engineered equipment for the industrial gas, energy, and biomedical industries. The Companys equipment and engineered systems are used for low-temperature and cryogenic applications. It operates through three segments: Energy & Chemicals (E&C), Distribution & Storage (D&S) and BioMedical. Its products include vacuum insulated containment vessels, heat exchangers, cold boxes and other cryogenic components. Its E&C and D&S segments manufacture products used in energy-related and industrial applications, such as the separation, liquefaction, distribution and storage of hydrocarbon and industrial gases. Through its BioMedical segment, it supplies cryogenic and other equipment used in the medical, biological research and animal breeding industries. The Company, through Thermax, Inc., provides cryogenic fluid vaporizers utilized in industrial gas, petro-chemical and liquefied natural gas applications.