The Latest Breaking News from Air Products Chemicals

Air Products & Chemicals shows improving price performance, earning an upgrade to its IBD Relative Strength Rating

A Relative Strength Rating upgrade for Air Products & Chemicals shows improving technical performance. Will it continue?

Air Products & Chemicals (NYSE:APD) has outperformed the market over the past 20 years by 1.65% on an annualized basis producing an average annual return of 8.94%. Currently, Air Products & Chemicals has a market capitalization of $55.69 billion.

Over the past 3 months, 7 analysts have published their opinion on Air Products & Chemicals (NYSE:APD) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Air Products & Chemicals's (NYSE:APD) short percent of float has risen 21.59% since its last report. The company recently reported that it has 2.35 million shares sold short, which is 1.07% of all regular shares that are available for trading.

Air Products & Chemicals (NYSE:APD) has outperformed the market over the past 15 years by 1.68% on an annualized basis producing an average annual return of 8.47%. Currently, Air Products & Chemicals has a market capitalization of $56.74 billion.

Air Products & Chemicals (NYSE:APD) has outperformed the market over the past 15 years by 1.83% on an annualized basis producing an average annual return of 8.59%. Currently, Air Products & Chemicals has a market capitalization of $55.38 billion.

Upgrades Credit Suisse upgraded the previous rating for Molecular Partners AG (NASDAQ:MOLN) from Underperform to Neutral. NoneAt the moment, the stock has a 52-week-high of $32.04 and a 52-week-low of $5.92. Molecular Partners closed at $6.88 at the end of the last trading period.

Pulled from Benzinga Pro data, Air Products & Chemicals (NYSE:APD) posted Q2 earnings of $536.80 million, an increase from Q1 of 2.33%. Sales dropped to $2.94 billion, a 1.64% decrease between quarters.