Air Liquide (OTCMKTS:AIQUY) Stock Price Crosses Below Fifty Day Moving Average After Analyst Downgrade

Air Liquide (OTCMKTS:AIQUY) shares crossed below its fifty day moving average during trading on Wednesday after Zacks Research downgraded the stock from a hold rating to a strong sell rating. The stock has a fifty day moving average of $40.84 and traded as low as $39.97. Air Liquide shares last traded at $40.07, with a volume of 266,186 shares traded.

A number of other brokerages have also weighed in on AIQUY. Kepler Capital Markets raised Air Liquide from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 31st. Citigroup reaffirmed a “buy” rating on shares of Air Liquide in a report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy”.

Institutional Investors Weigh In On Air Liquide

A hedge fund recently raised its position in Air Liquide stock. Madison Asset Management LLC grew its stake in Air Liquide (OTCMKTS:AIQUY) by 6.8% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 32,573 shares of the basic materials company’s stock after buying 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. Hedge funds and other institutional investors own 0.03% of the company’s stock.

Air Liquide Stock Performance

The business has a 50 day moving average price of $40.80 and a 200 day moving average price of $39.88. The company has a quick ratio of 0.90, a current ratio of 1.14 and a debt-to-equity ratio of 0.37.

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.