Praxair (PX) : During the past 4 weeks, traders have been relatively bearish on Praxair (PX), hence the stock is down -2% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.3% relative to the S&P 500. The stock has risen by 0.23% in the past week indicating that the buyers are active at lower levels, but the stock is down -3.98% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 2.52% and the 50-Day Moving Average is 0.44%.The 200 Day SMA reached 7.18% Praxair Inc. is up 5.62% in the last 3-month period. Year-to-Date the stock performance stands at 17.26%.
Praxair (PX) : 11 Wall Street analysts covering Praxair (PX) believe that the average level the stock could reach for the short term is $124.82. The maximum price target given is $140 and the minimum target for short term is around $112, hence the standard deviation is calculated at $8.65.
Company shares have received an average consensus rating of Hold for the current week Praxair (NYSE:PX): stock was range-bound between the intraday low of $117.05 and the intraday high of $118.18 after having opened at $117.75 on Fridays session. The stock finally closed in the red at $117.75, a loss of -0.45%. The stock remained in the red for the whole trading day. The total traded volume was 1,597,721 shares. The stock failed to cross $118.18 in Fridays trading. The stocks closing price on Thursday was $118.21.
Praxair, Inc. (Praxair) is an industrial gas supplier in North and South America, Asia and Europe. The Companys operations are organized into five segments, four of which have been determined on a geographic basis of segmentation: North America, Europe, South America and Asia. In addition, Praxair operates its surface technologies business through its wholly owned subsidiary, Praxair Surface Technologies, Inc., which represents the fifth segment. The Companys products in its industrial gases business include atmospheric gases (oxygen, nitrogen, argon, rare gases) and process gases (carbon dioxide, helium, hydrogen, electronic gases, specialty gases, acetylene). The company also designs, engineers and builds equipment that produces industrial gases primarily for internal use. The companys surface technologies segment, operated through Praxair Surface Technologies, Inc., supplies wear-resistant and high-temperature corrosion-resistant metallic and ceramic coatings and powders.