Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Chart Industries, Inc. before investing.

In this article, we go over a few key elements for understanding Chart Industries, Inc.’s stock price such as:

• Chart Industries, Inc.’s current stock price and volume
• Why Chart Industries, Inc.’s stock price changed recently
• Upgrades and downgrades for GTLS from analysts
• GTLS’s stock price momentum as measured by its relative strength

About Chart Industries, Inc. (GTLS)

Before we jump into Chart Industries, Inc.’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Chart Industries, Inc. is engaged in designing, engineering, and manufacturing of process technologies and equipment for gas and liquid molecule handling for the Nexus of Clean-clean power, clean water, clean food, and clean industrials, regardless of molecule. Its segments include Cryo Tank Solutions, Heat Transfer Systems, Specialty Products, and Repair Service & Leasing. Its Cryo Tank Solutions segment supplies bulk, microbulk and mobile equipment used in the storage, distribution, vaporization, and application of industrial gases and certain hydrocarbons. Its Heat Transfer Systems segment supplies engineered equipment and systems used in the separation, liquefaction, and purification of hydrocarbon and industrial gases. Its Specialty Products segment supplies products used in specialty end-market applications, including hydrogen, liquid natural gas, biofuels, carbon capture, food and beverage, aerospace, lasers, cannabis and water treatment, among others.

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Chart Industries, Inc.’s Stock Price as of Market Close

As of August 23, 2024, 4:00 PM, CST, Chart Industries, Inc.’s stock price was $123.60.

Chart Industries, Inc. is up 5.88% from its previous closing price of $116.74.

During the last market session, Chart Industries, Inc.’s stock traded between $116.07 and $119.99. Currently, there are 42.04 million shares of Chart Industries, Inc. stock available for purchase.

Chart Industries, Inc.’s price-earnings (P/E) ratio is currently at 59.2, which is high compared to the Industrial Machinery & Equipment industry median of 24.4. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Chart Industries, Inc. Stock Price History

Chart Industries, Inc.’s (GTLS) price is currently down 23.27% so far this month.

During the month of August, Chart Industries, Inc.’s stock price has reached a high of $162.28 and a low of $106.88.

Over the last year, Chart Industries, Inc. has hit prices as high as $184.65 and as low as $106.88. Year to date, Chart Industries, Inc.’s stock is up 7.26%.

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What Caused Chart Industries, Inc. Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of August 22, 2024, there were 9 analysts who downgraded Chart Industries, Inc.’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate Chart Industries, Inc.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Chart Industries, Inc.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Chart Industries, Inc.’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Chart Industries, Inc. (GTLS) by visiting AAII Stock Evaluator.

Relative Price Strength of Chart Industries, Inc.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of August 22, 2024, Chart Industries, Inc. has a weighted four-quarter relative price strength of -15.37%, which translates to a Momentum Score of 23 and is considered to be Weak.

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Chart Industries, Inc. Stock Price: Bottom Line

As of August 23, 2024, Chart Industries, Inc.’s stock price is $123.60, which is up 5.88% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Chart Industries, Inc. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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