Air Products and Chemicals (APD) Shares are Up 1.95%

Air Products and Chemicals (APD) has been under a strong bear grip, hence the stock is down -3.78% 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 1.78% in the past 1 week. The stock has risen by 1.95% in the past week indicating that the buyers are active at lower levels, but the stock is down -4.3% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 0.07% and the 50-Day Moving Average is 0.49%.The 200 Day SMA reached 7.27%

Air

Air Products and Chemicals (NYSE:APD): The stock opened in the green at $151.36 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $151.87 and a low of $149.89 for the day. The stock did not find buyers even at the lows and closed at $150.34 recording a loss of -0.11%. 2,169,307 shares exchanged hands during the trading day. The stock had closed at $150.34 in the previous days trading.

Air Products and Chemicals (APD) : 10 investment research analysts covering Air Products and Chemicals (APD) have an average price target of $164.4 for the near short term. The highest target price given by the Brokerage Firm to the stock is $180 and the lowest target is $150 for the short term. Analysts expect the variance to be within $9.26 of the average price.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.