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.

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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 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.

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