Other equities analysts have also recently issued reports about the stock. Zacks Investment Research cut shares of Hammerson from a “hold” rating to a “sell” rating in a research report on Friday, May 24th. Morgan Stanley upped their price objective on shares of General Mills from $49.00 to $52.00 and gave the stock an “equal weight” rating in a research report on Thursday, June 27th. Finally, ValuEngine upgraded shares of XOMA from a “sell” rating to a “hold” rating in a research report on Friday, May 24th. One research analyst has rated the stock with a sell rating, two have given a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $87.71.
Shares of NASDAQ:GTLS opened at $74.01 on Friday. The firm has a 50 day moving average price of $75.40. The firm has a market cap of $2.65 billion, a PE ratio of 32.32 and a beta of 1.10. The company has a quick ratio of 0.71, a current ratio of 1.11 and a debt-to-equity ratio of 0.36. Chart Industries has a 12 month low of $57.88 and a 12 month high of $95.66.
Hedge funds have recently added to or reduced their stakes in the stock. Quadrant Capital Group LLC increased its position in Chart Industries by 416.9% during the 1st quarter. Quadrant Capital Group LLC now owns 336 shares of the industrial products company’s stock worth $29,000 after purchasing an additional 271 shares in the last quarter. Parallel Advisors LLC bought a new stake in Chart Industries during the 1st quarter worth approximately $29,000. Manchester Capital Management LLC bought a new stake in Chart Industries during the 1st quarter worth approximately $110,000. Advisors Preferred LLC bought a new stake in Chart Industries during the 1st quarter worth approximately $115,000. Finally, Strs Ohio bought a new stake in Chart Industries during the 1st quarter worth approximately $199,000.
Chart Industries Company Profile
Chart Industries, Inc manufactures and sells engineered equipment and packaged solutions; and provides value-add services for the energy and industrial gas industries worldwide. It operates through three segments: Energy & Chemicals, Distribution & Storage Western Hemisphere, and Distribution & Storage Eastern Hemisphere segments.
Recommended Story: What is the formula for the cash asset ratio?
Receive News & Ratings for Chart Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chart Industries and related companies with MarketBeat.com's FREE daily email newsletter.