Chart Reaches New 52-Week High (GTLS)

NEW YORK ( TheStreet) -- Chart Industries (Nasdaq: GTLS) hit a new 52-week high Monday as it is currently trading at $99.30, above its previous 52-week high of $99.17 with 71,161 shares traded as of 10:46 a.m. ET. Average volume has been 411,000 shares over the past 30 days.

Chart has a market cap of $2.93 billion and is part of the industrial goods sector and industrial industry. Shares are up 47.2% year to date as of the close of trading on Friday.

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.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

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 solid stock price performance. 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.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more..
null

If you liked this article you might like

Chart Industries: If You're Long, Get Longer

Chart Industries: If You're Long, Get Longer

Chart Industries Is Off the Charts

Chart Industries Is Off the Charts

Chart Industries Is Off the Charts

Chart Industries Is Off the Charts

Jim Cramer Likes WhiteWave, Alcoa; Says Stay Away From GoPro, Whole Foods

Jim Cramer on DuPont and Dow; Buy Alcoa but Watch Out for Whole Foods