GTLS Stock Summary and Trading Ideas (Chart Industries | NYSE:GTLS)

Chart Industries provides a variety of cryogenic equipment for storage, distribution, and other processes within the industrial gas and liquefied natural gas (LNG) industries. It also provides natural gas processing solutions for the natural gas industry and specialty products that serve a variety of spaces, including hydrogen, biofuels, cannabis, and water treatment. The firm acquired Howden in a significant deal in early 2023, roughly doubling the size of the company.

Chart Industries trades on the NYSE stock market under the symbol GTLS.

As of April 18, 2024, GTLS stock price climbed to $148.57 with 427,407 million shares trading.

GTLS has a beta of 2.59, meaning it tends to be more sensitive to market movements. GTLS has a correlation of 0.28 to the broad based SPY ETF.

GTLS has a market cap of $6.35 billion. This is considered a Mid Cap stock.

Last quarter Chart Industries reported $1 billion in Revenue and $2.25 earnings per share. This fell short of revenue expectation by $-85 million and exceeded earnings estimates by $.16.

In the last 3 years, GTLS stock traded as high as $242.59 and as low as $101.44.

The top ETF exchange traded funds that GTLS belongs to (by Net Assets): VTI, IJH, VB, IWM, VXF.

GTLS has underperformed the market in the last year with a price return of +15.2% while the SPY ETF gained +22.2%. However, in the short term, GTLS had mixed performance relative to the market. It has outperformed in the last 3 months, returning +14.3% vs +5.2% return in SPY. But in the last 2 weeks, GTLS shares have been beat by the market, returning -3.1% compared to an SPY return of -2.6%.

GTLS support price is $143.98 and resistance is $151.20 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GTLS stock will trade within this expected range on the day.