Shares last traded at $42.52 just above the 50 day moving average of $39.33 and which is well above the 200 day moving average of $35.85. The 50 day moving average moved up $3.19 whereas the 200 day moving average was up $6.67 or +18.60%. Trading was light with 1,661 shares changing hands on Tuesday. Trading volume was down 99.06% under the stocks average daily volume.
Short traders are more bearish on Chart Industries, Inc. of late if you take note of the change in short interest. The firm recorded a rise in short interest between September 15, 2017 and September 29, 2017 of 0.63%. Short interest grew from 1,585,689 to 1,595,686 over that period. Days to cover decreased -2.0 to 8.0 and the percentage of shorted shares was 0.05% on September 29.
The following firms have recently changed their position in GTLS. As of quarter end Cutler Group LP had acquired 3,518 shares growing its holdings by 1,933.0%. The value of the company’s investment in Chart Industries, Inc. went from $6,000 to $3,000 a change of $3,000 quarter over quarter. Nisa Investment Advisors, LLC divested its investment by shedding 400 shares a decrease of 78.4% from 06/30/2017 to 09/30/2017. Nisa Investment Advisors, LLC owns 110 shares worth $4,000. The value of the position overall is down by 77.8%.
As of the end of the quarter Shell Asset Management CO had sold a total of 800 shares trimming its stake by 2.4%. The value of the investment in Chart Industries, Inc. increased from $1,156,000 to $1,274,000 a change of 10.2% for the reporting period. As of quarter end Alpha Windward LLC had acquired a total of 1,320 shares growing its position 10.2%. The value of the investment in (GTLS) went from $448,000 to $558,000 increasing 24.6% since the last quarter.
The company’s P/E ratio is 112.19 and the market cap is 1.31B. In the latest earnings report the EPS was $0.38 and is expected to be $0.74 for the current year with 30,754,000 shares now outstanding. Analysts expect next quarter’s EPS will be $0.28 and the next full year EPS is anticipated to be $1.41.
Chart Industries, Inc., launched on June 25, 1992, is a diversified global manufacturer of engineered equipment, packaged solutions, and value-add services used throughout the industrial gas, energy and biomedical industries. The Company operates through three business segments: Energy & Chemicals (E&C), Distribution & Storage (D&S) and BioMedical. The E&C and D&S segments manufacture products used in energy-related and industrial applications, such as the separation, liquefaction, distribution and storage of hydrocarbon and industrial gases. Through the BioMedical segment, it manufactures and supplies medical devices, including cryogenic and non-cryogenic equipment, used in respiratory healthcare. The Company also manufactures and supplies products for life sciences, including biological research and animal breeding..