Chart Industries Inc (GTLS) 20 Days SMA touches -1.51%: The odds favor the bear

On Friday, Chart Industries Inc (NYSE: GTLS) opened higher 3.01% from the last session, before settling in for the closing price of $111.62. Price fluctuations for GTLS have ranged from $101.60 to $177.21 over the past 52 weeks.

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During the last 5-year period, the sales growth of Industrials Sector giant was 30.23%. Company’s average yearly earnings per share was noted 65.87% at the time writing. With a float of $42.56 million, this company’s outstanding shares have now reached $42.81 million.

Let’s determine the extent of company efficiency that accounts for 11637 employees. In terms of profitability, gross margin is 22.6%, operating margin of 9.42%, and the pretax margin is 3.38%.

Chart Industries Inc (GTLS) Insider Activity

A key investor’s attitude towards the stock of the Specialty Industrial Machinery industry is another important factor to consider. The insider ownership of Chart Industries Inc is 0.57%, while institutional ownership is 118.26%. The most recent insider transaction that took place on Sep 13 ’24, was worth 113,500. In this transaction Director of this company bought 1,000 shares at a rate of $113.50, taking the stock ownership to the 10,640 shares. Before that another transaction happened on Sep 11 ’24, when Company’s Director bought 500 for $106.55, making the entire transaction worth $53,275. This insider now owns 2,107 shares in total.

Chart Industries Inc (GTLS) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 65.87% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 27.50% during the next five years compared to -23.54% drop over the previous five years of trading.

Chart Industries Inc (NYSE: GTLS) Trading Performance Indicators

Check out the current performance indicators for Chart Industries Inc (GTLS). In the past quarter, the stock posted a quick ratio of 0.98. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.26.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.14, a number that is poised to hit 2.84 in the next quarter and is forecasted to reach 13.05 in one year’s time.

Technical Analysis of Chart Industries Inc (GTLS)

Looking closely at Chart Industries Inc (NYSE: GTLS), its last 5-days average volume was 1.04 million, which is a jump from its year-to-date volume of 0.61 million. As of the previous 9 days, the stock’s Stochastic %D was 47.84%. Additionally, its Average True Range was 5.92.

During the past 100 days, Chart Industries Inc’s (GTLS) raw stochastic average was set at 19.09%, which indicates a significant decrease from 45.99% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.23% in the past 14 days, which was lower than the 56.66% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $132.47, while its 200-day Moving Average is $138.74. However, in the short run, Chart Industries Inc’s stock first resistance to watch stands at $116.22. Second resistance stands at $117.46. The third major resistance level sits at $119.58. If the price goes on to break the first support level at $112.86, it is likely to go to the next support level at $110.74. Should the price break the second support level, the third support level stands at $109.50.

Chart Industries Inc (NYSE: GTLS) Key Stats

There are currently 42,801K shares outstanding in the company with a market cap of 4.92 billion. Presently, the company’s annual sales total 3,353 M according to its annual income of 47,300 K. Last quarter, the company’s sales amounted to 1,040 M and its income totaled 58,600 K.