Chart Industries (NASDAQ:GTLS) Shares Down 3.1%

Chart Industries, Inc. (NASDAQ:GTLS – Get Rating)’s stock price fell 3.1% during mid-day trading on Wednesday . The stock traded as low as $155.00 and last traded at $157.25. 410,526 shares traded hands during mid-day trading, a decline of 29% from the average session volume of 580,189 shares. The stock had previously closed at $162.24.

Separately, StockNews.com upgraded shares of Chart Industries to a “sell” rating in a research report on Tuesday, April 26th.

The business has a 50-day simple moving average of $171.66. The company has a market cap of $5.76 billion, a P/E ratio of 148.35 and a beta of 1.54. The company has a quick ratio of 0.78, a current ratio of 1.26 and a debt-to-equity ratio of 0.38.

Chart Industries (NASDAQ:GTLS – Get Rating) last announced its earnings results on Friday, April 29th. The company reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.05. The company had revenue of $354.10 million during the quarter, compared to analyst estimates of $352.10 million. Chart Industries had a net margin of 3.16% and a return on equity of 6.88%. Sell-side analysts forecast that Chart Industries, Inc. will post 4.97 EPS for the current fiscal year.

About Chart Industries (NASDAQ:GTLS)

Chart Industries, Inc manufactures and sells engineered equipment for the energy and industrial gas industries worldwide. The company operates through four segments: Cryo Tank Solutions, Heat Transfer Systems, Specialty Products, and Repair, Service & Leasing. It provides bulk and packaged gas cryogenic solutions for the storage, distribution, vaporization, and application of industrial gases; cryogenic trailers, ISO containers, bulk storage tanks, loading facilities, and regasification equipment for delivering liquefied natural gas (LNG) into virtual pipeline applications; and large vacuum insulated storage tanks as equipment for purchasers of standard liquefaction plants.

Featured Articles