On 11/6/24, Chart Industries Inc (NYSE: GTLS) stock enjoyed a major increase of 11.4%, closing at $166.01. Moreover, this advance was accompanied by exceptionally high trading volume at 245% of normal. The stock has been weak relative to the market over the last nine months but has risen 34.5% during the last week.
Current PriceTarget Research Rating
GTLS’ future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Chart Industries has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Chart Industries has a good Appreciation Score of 85 but a slightly negative Power Rating of 36, producing the High Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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