Praxair (PX) Shares are Up 3.41%

Praxair (PX) has been under a strong bear grip, hence the stock is down -1.59% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 3.24% in the past 1 week. The stock has risen by 3.41% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.11% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 1.72% and the 50-Day Moving Average is 1.95%.The 200 Day SMA reached 9.46%


Praxair (NYSE:PX): After opening at $119.52, the stock dipped to an intraday low of $118.99 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $121.17 and the buying power remained strong till the end. The stock closed at $120.83 for the day, a gain of 1.66% for the day session. The total traded volume was 1,698,281. The stocks close on the previous trading day was $120.83.

Praxair (PX) : Currently there are 11 street experts covering Praxair (PX) stock. The most bullish and bearish price target for the stock is $140 and $112 respectively for the short term. The average price target of all the analysts comes to $124.82. The estimated standard deviation from the target is $8.65.

Praxair, Inc. (Praxair) is an industrial gas supplier in North and South America, Asia and Europe. The Companys operations are organized into five segments, four of which have been determined on a geographic basis of segmentation: North America, Europe, South America and Asia. In addition, Praxair operates its surface technologies business through its wholly owned subsidiary, Praxair Surface Technologies, Inc., which represents the fifth segment. The Companys products in its industrial gases business include atmospheric gases (oxygen, nitrogen, argon, rare gases) and process gases (carbon dioxide, helium, hydrogen, electronic gases, specialty gases, acetylene). The company also designs, engineers and builds equipment that produces industrial gases primarily for internal use. The companys surface technologies segment, operated through Praxair Surface Technologies, Inc., supplies wear-resistant and high-temperature corrosion-resistant metallic and ceramic coatings and powders.

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