The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Chart Industries Inc shares valued at $130,140 were purchased by Harty Linda S on Dec 15 ’23. At $130.14 per share, Harty Linda S acquired 1,000 shares. The insider’s holdings grew to 8,310 shares worth approximately $1.2 million following the completion of this transaction.
Also, Harty Linda S purchased 500 shares, netting a total of over 67,222 in proceeds. Following the buying of shares at $134.44 each, the insider now holds 7,310 shares.
Before that, CICHOCKI ANDREW R had added 400 shares to its account. In a trade valued at $50,753, the Director bought Chart Industries Inc shares for $126.88 each. Upon closing the transaction, the insider’s holdings increased to 400 shares, worth approximately $0.17 million.
Analysts at UBS upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in mid March. As of February 29, 2024, TD Cowen has reiterated its “an Outperform” rating for GTLS. Earlier on January 04, 2024, Raymond James upgraded its rating. Their new recommendation was “a Strong buy” for GTLS stock which previously was a “an Outperform”.
Analyzing GTLS Stock Performance
During the last five days, there has been a drop of approximately -5.20%. Over the course of the year, Chart Industries Inc shares have jumped approximately 6.35%. Shares of the company reached a 52-week high of $168.61 on 03/28/24 and a 52-week low of $110.18 on 01/26/24. A 50-day SMA is recorded $148.71, while a 200-day SMA reached $146.07. Nevertheless, trading volume fell to 0.62 million shares from 0.75 million shares the previous day.
Support And Resistance Levels for Chart Industries Inc (GTLS)
According to the 24-hour chart, there is a support level at 142.41, which, if violated, would cause prices to drop to 139.83. In the upper region, resistance lies at 148.41. The next price resistance is at 151.83. RSI (Relative Strength Index) is 40.82 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -3.61, which suggests the price will decrease in the coming days. Percent R is at 87.33%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
