Chart Industries (GTLS) Stock Surges Amid Positive Earnings Report

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Nov 05, 2024
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Chart Industries (GTLS, Financial) recently experienced a significant stock movement with its shares rising by 5.00%. The stock is currently priced at $148.50 per share, with a trading volume of 697,244 shares and a turnover rate of 1.63%. The stock's volatility stands at 5.60%.

The latest financial reports reveal that Chart Industries generated revenue of $1.063 billion and a net profit of $69.40 million, translating to earnings per share (EPS) of $1.48. Additionally, the company boasts a gross profit of $314 million, with a price-to-earnings (P/E) ratio of 42.30.

In terms of institutional ratings, among the 23 firms that evaluated the stock, 83% recommended buying, and 17% suggested holding. No firms recommended selling the stock.

Chart Industries operates within the industrial equipment services sector, which has seen an overall increase of 2.26%. Notable performers in this sector include Xometry, Inc., Zhongjin Keji Metal, and Cummins, which reported higher gains. Meanwhile, companies like Nuburu, Inc., Serve Robotics Inc., and Nano Nuclear Energy Inc. showed high activity levels, with turnover rates of 94.92%, 6.13%, and 4.84%, respectively. Xometry, Inc., Nuburu, Inc., and Jiayi Jingke Holdings exhibited significant volatility, with amplitudes of 26.38%, 20.02%, and 15.05%.

Chart Industries Inc. is a global engineering equipment manufacturer specializing in cryogenic tank solutions, heat transfer systems, and specialized products. The company operates primarily in the U.S., Europe, and Asia, providing storage, distribution, and vaporization solutions for industrial gases across various regions.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.