The stock of Chart Industries Inc (NASDAQ:GTLS) registered an increase of 6.98% in short interest. GTLS’s total short interest was 2.66 million shares in December as published by FINRA. Its up 6.98% from 2.48 million shares, reported previously. With 523,600 shares average volume, it will take short sellers 5 days to cover their GTLS’s short positions. The short interest to Chart Industries Inc’s float is 8.95%.
The stock increased 0.32% or $0.19 during the last trading session, reaching $59.1. About 592,168 shares traded or 46.79% up from the average. Chart Industries, Inc. (NASDAQ:GTLS) has declined 9.03% since December 15, 2018 and is downtrending. It has underperformed by 9.03% the S&P500.
Chart Industries, Inc. manufactures and sells engineered equipment, packaged solutions, and value-add services for the industrial gas, energy, and biomedical industries worldwide. The company has market cap of $2.12 billion. The firm operates in three divisions: Energy & Chemicals , Distribution & Storage (D&S), and BioMedical. It has a 24.84 P/E ratio. The E&C segment primarily provides brazed aluminum heat exchangers, Core-in-Kettle heat exchangers, air cooled heat exchangers, cold boxes, and process systems for natural gas processing, liquefied natural gas (LNG), and industrial gas applications.
Chart Industries, Inc. (NASDAQ:GTLS) Ratings Coverage
Among 8 analysts covering Chart Industries (NASDAQ:GTLS), 7 have Buy rating, 0 Sell and 1 Hold. Therefore 88% are positive. Chart Industries has $109 highest and $7100 lowest target. $86.22’s average target is 45.89% above currents $59.1 stock price. Chart Industries had 11 analyst reports since June 27, 2019 according to SRatingsIntel. Craig Hallum maintained it with “Buy” rating and $105 target in Thursday, October 17 report. The rating was upgraded by Raymond James to “Outperform” on Tuesday, August 13. The stock of Chart Industries, Inc. (NASDAQ:GTLS) has “Overweight” rating given on Tuesday, October 8 by Morgan Stanley. The firm has “Buy” rating given on Friday, October 18 by Lake Street.
More notable recent Chart Industries, Inc. (NASDAQ:GTLS) news were published by: Globenewswire.com which released: “Chart Industries to Offer 4900000 Shares of Common Stock – GlobeNewswire” on June 10, 2019, also Globenewswire.com with their article: “Chart Showcasing Latest LNG Solutions and Technology at Gastech – GlobeNewswire” published on September 12, 2019, Finance.Yahoo.com published: “Did Hedge Funds Drop The Ball On CRISPR Therapeutics AG (CRSP) ? – Yahoo Finance” on December 11, 2019. More interesting news about Chart Industries, Inc. (NASDAQ:GTLS) were released by: Finance.Yahoo.com and their article: “Hedge Funds Have Never Been This Bullish On Fastly, Inc. (FSLY) – Yahoo Finance” published on December 11, 2019 as well as Finance.Yahoo.com‘s news article titled: “Hereâ€™s What Hedge Funds Think About Chart Industries, Inc. (GTLS) – Yahoo Finance” with publication date: June 20, 2019.
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