GTLS has been the topic of a number of other reports. Cowen set a $50.00 target price on Chart Industries and gave the stock a hold rating in a research report on Thursday, January 4th. BidaskClub raised Chart Industries from a hold rating to a buy rating in a report on Friday, January 5th. Zacks Investment Research downgraded Chart Industries from a buy rating to a hold rating in a report on Monday, February 26th. Lake Street Capital set a $59.00 price objective on Chart Industries and gave the company a buy rating in a report on Wednesday, January 3rd. Finally, Craig Hallum raised Chart Industries from a hold rating to a buy rating in a report on Thursday, February 22nd. Four equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company has an average rating of Buy and an average target price of $54.83.
Chart Industries (GTLS) traded up $0.74 during mid-day trading on Thursday, reaching $60.62. The company had a trading volume of 254,417 shares, compared to its average volume of 379,610. Chart Industries has a fifty-two week low of $32.04 and a fifty-two week high of $60.67. The firm has a market capitalization of $1,874.49, a P/E ratio of 67.36, a PEG ratio of 1.31 and a beta of 1.19. The company has a current ratio of 1.64, a quick ratio of 1.10 and a debt-to-equity ratio of 0.55.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Elkfork Partners LLC acquired a new stake in Chart Industries during the fourth quarter valued at approximately $148,000. MetLife Investment Advisors LLC acquired a new stake in Chart Industries during the fourth quarter valued at approximately $609,000. Castleark Management LLC acquired a new stake in Chart Industries during the fourth quarter valued at approximately $11,044,000. Millennium Management LLC acquired a new stake in Chart Industries during the fourth quarter valued at approximately $245,000. Finally, Raymond James & Associates raised its stake in shares of Chart Industries by 12.1% in the fourth quarter. Raymond James & Associates now owns 23,967 shares of the industrial products company’s stock valued at $1,123,000 after acquiring an additional 2,584 shares during the last quarter. 92.12% of the stock is currently owned by institutional investors.
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Chart Industries Company Profile
Chart Industries, Inc is a diversified global manufacturer of engineered equipment, packaged solutions, and value-add services used throughout the industrial gas, energy and biomedical industries. The Company operates through three business segments: Energy & Chemicals (E&C), Distribution & Storage (D&S) and BioMedical.
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