Air Liquide (OTCMKTS:AIQUY) Sees Strong Trading Volume – Still a Buy?

Air Liquide (OTCMKTS:AIQUY) saw an uptick in trading volume on Monday . Approximately 457,023 shares changed hands during mid-day trading, an increase of 60% from the previous session’s volume of 285,159 shares.The stock last traded at $40.51 and had previously closed at $41.13.

Analyst Ratings Changes

Several brokerages have recently issued reports on AIQUY. Kepler Capital Markets upgraded shares of Air Liquide from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 31st. Citigroup reissued a “buy” rating on shares of Air Liquide in a research report on Wednesday, April 29th. Finally, Zacks Research cut shares of Air Liquide from a “hold” rating to a “strong sell” rating in a research report on Tuesday, June 30th. One 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 company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

Air Liquide Price Performance

The company has a debt-to-equity ratio of 0.37, a current ratio of 1.14 and a quick ratio of 0.90. The company’s fifty day simple moving average is $40.62 and its 200 day simple moving average is $39.95.

Institutional Trading of Air Liquide

A hedge fund recently raised its position in Air Liquide stock. GAMMA Investing LLC raised its position in shares of Air Liquide (OTCMKTS:AIQUY) by 25.9% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 10,977 shares of the basic materials company’s stock after acquiring an additional 2,259 shares during the quarter. GAMMA Investing LLC’s holdings in Air Liquide were worth $433,000 at the end of the most recent quarter. Institutional investors and hedge funds 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.