Air Liquide (OTCMKTS:AIQUY) Reaches New 1-Year High – Time to Buy?

Air Liquide (OTCMKTS:AIQUY)’s share price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $40.9640 and last traded at $40.96, with a volume of 14819 shares. The stock had previously closed at $40.07.

Analyst Ratings Changes

AIQUY has been the topic of several analyst reports. Kepler Capital Markets upgraded shares of Air Liquide from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 31st. Zacks Research lowered Air Liquide from a “hold” rating to a “strong sell” rating in a research report on Tuesday. Finally, Citigroup reaffirmed a “buy” rating on shares of Air Liquide in a research note on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Air Liquide Stock Performance

The stock’s 50 day moving average price is $40.84 and its 200-day moving average price is $39.85. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.90 and a current ratio of 1.14.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Air Liquide stock. Madison Asset Management LLC increased its stake in shares of Air Liquide (OTCMKTS:AIQUY) by 6.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,573 shares of the basic materials company’s stock after purchasing an additional 2,061 shares during the quarter. Madison Asset Management LLC’s holdings in Air Liquide were worth $1,352,000 as of its most recent SEC filing. 0.03% of the stock is currently owned by institutional investors and hedge funds.

Air Liquide Company Profile

Air Liquide is a Paris‑headquartered multinational that develops, manufactures and supplies industrial and medical gases, related equipment and services. Founded in 1902, the company has grown into a major global supplier of gases such as oxygen, nitrogen, argon, hydrogen and a wide range of specialty gases used across industrial, healthcare and research applications.

Its core activities include on‑site gas production, bulk and packaged gas distribution (cylinders and cryogenic deliveries), installation and maintenance of gas handling and storage equipment, and engineering for large industrial gas projects.