Air Liquide (OTCMKTS:AIQUY) Stock Passes Above 50 Day Moving Average – Time to Sell?

Air Liquide (OTCMKTS:AIQUY) shares passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $39.79 and traded as high as $40.16. Air Liquide shares last traded at $39.80, with a volume of 105,862 shares.

Wall Street Analysts Forecast Growth

AIQUY has been the topic of a number of research reports. Zacks Research upgraded shares of Air Liquide from a “strong sell” rating to a “hold” rating in a report on Wednesday, July 29th. Citigroup reiterated a “buy” rating on shares of Air Liquide in a research note on Wednesday, July 29th. Finally, Morgan Stanley raised shares of Air Liquide from an “underweight” rating to an “overweight” rating in a research report on Monday, July 20th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy”.

Air Liquide Price Performance

The stock has a 50-day moving average of $39.79 and a two-hundred day moving average of $40.36. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.90 and a current ratio of 1.14.

Hedge Funds Weigh In On Air Liquide

An institutional investor recently raised its stake in Air Liquide stock. GAMMA Investing LLC increased its position in Air Liquide (OTCMKTS:AIQUY) by 25.9% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,977 shares of the basic materials company’s stock after purchasing an additional 2,259 shares during the period. GAMMA Investing LLC’s holdings in Air Liquide were worth $433,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 0.03% of the company’s stock.

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.