Air Products and Chemicals (APD) : Traders are bullish on Air Products and Chemicals (APD) as it has outperformed the S&P 500 by a wide margin of 2.57% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.6%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.53% in the last 1 week, and is up 6.02% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 2.17% and the 50-Day Moving Average is 3.92%. Air Products and Chemicals, Inc. is up 3.07% in the last 3-month period. Year-to-Date the stock performance stands at 16.26%.
Air Products and Chemicals (NYSE:APD): stock turned positive on Friday. Though the stock opened at $148.81, the bulls momentum made the stock top out at $150.75 level for the day. The stock recorded a low of $148.27 and closed the trading day at $149.42, in the green by 0.29%. The total traded volume for the day was 1,499,568. The stock had closed at $148.99 in the previous days trading.
Air Products and Chemicals, Inc. (Air Products) serves energy, electronics, chemicals, steel, and manufacturing customers with a portfolio of products, services, and solutions that include atmospheric gases, process and specialty gases, performance materials, equipment, and services. The Company operates in four business segments: Merchant Gases, Tonnage Gases, Electronics and Performance Materials, and Equipment and Energy. Merchant Gases sells atmospheric gases, such as oxygen, nitrogen, and argon, process gases, medical and specialty gases, and certain services and equipment. Tonnage Gases provides hydrogen, carbon monoxide, nitrogen, oxygen, and synthesis gas. Electronics and Performance Materials provide the electronics industry with specialty gases. Equipment and Energy designs and manufactures cryogenic equipment for air separation, hydrocarbon recovery and purification, natural gas liquefaction (LNG), and helium distribution.