Chart Industries (Nasdaq:GTLS) hit a new 52-week high Thursday as it changed hands at $46.69 compared with its previous 52-week high of $46.50. Chart is currently trading at $46.61 with 198,624 shares changing hands as of 10:17 a.m.
NEW YORK ( TheStreet) -- Chart Industries (Nasdaq: GTLS) hit a new 52-week high Thursday as it traded at $46.69 compared with its previous 52-Week high of $46.50. Chart is changing hands at $46.61 with 198,624 shares traded as of 10:17 a.m. ET. Average volume has been 318,100 shares over the past 30 days. Chart has a market cap of $1.3 billion and is part of the industrial goods sector and industrial industry. Shares are up 27.5% year to date as of the close of trading on Wednesday. Chart Industries, Inc. manufactures and supplies engineered equipment used in the production, storage, and end-use of hydrocarbon and industrial gases in the United States and internationally. The company has a P/E ratio of 62.9, equal to the average industrial industry P/E ratio and above the S&P 500 P/E ratio of 15.9. TheStreet Ratings rates Chart as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full Chart Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center.