Chart Industries (Nasdaq:GTLS) hit a new 52-week high Thursday as it is currently trading at $89.16, above its previous 52-week high of $88.96 with 176,039 shares traded as of 1:36 p.m. ET. Average volume has been 451,100 shares over the past 30 days.
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- Chart Industries (Nasdaq: GTLS) hit a new 52-week high Thursday as it is currently trading at $89.16, above its previous 52-week high of $88.96 with 176,039 shares traded as of 1:36 p.m. ET. Average volume has been 451,100 shares over the past 30 days. Chart has a market cap of $2.68 billion and is part of the industrial goods sector and industrial industry. Shares are up 32.7% 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, the Czech Republic, China, Germany, and internationally. The company has a P/E ratio of 36.9, above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Chart as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share, increase in net income and increase in stock price during the past year. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. You can view the full Chart Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.