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 $1.3 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 $0.18 million.
Analysts at TD Cowen resumed the stock at ‘”a Buy”‘ outlook in a report released in early May. Earlier on March 19, 2024, UBS upgraded its rating. Their new recommendation was “a Buy” for GTLS stock which previously was a “a Neutral”.
Analyzing GTLS Stock Performance
During the last five days, there has been a surge of approximately 8.21%. Over the course of the year, Chart Industries Inc shares have jumped approximately 15.09%. 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 $151.45, while a 200-day SMA reached $145.75. Nevertheless, trading volume fell to 0.62 million shares from 0.72 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 154.33, which, if violated, would cause prices to drop to 151.76. In the upper region, resistance lies at 159.95. The next price resistance is at 163.01. RSI (Relative Strength Index) is 57.11 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 7.15, which suggests the price will increase in the coming days. Percent R is at 35.47%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
