Air Liquide (OTCMKTS:AIQUY) Sees Strong Trading Volume – Should You Buy?

Air Liquide (OTCMKTS:AIQUY) saw an uptick in trading volume on Thursday . Approximately 326,996 shares were traded during mid-day trading, an increase of 22% from the previous session’s volume of 268,376 shares.The stock last traded at $40.11 and had previously closed at $39.96.

Analysts Set New Price Targets

AIQUY has been the subject of several research analyst reports. Morgan Stanley raised shares of Air Liquide from an “underweight” rating to an “overweight” rating in a research note on Monday, July 20th. Mizuho upgraded shares of Air Liquide to a “strong-buy” rating in a report on Monday. Zacks Research raised shares of Air Liquide from a “strong sell” rating to a “hold” rating in a research report on Wednesday, July 29th. Finally, Citigroup reiterated a “buy” rating on shares of Air Liquide in a report on Wednesday, July 29th. Two research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Buy”.

Air Liquide Price Performance

The company has a current ratio of 1.14, a quick ratio of 0.90 and a debt-to-equity ratio of 0.37. The business has a fifty day moving average of $39.68 and a 200 day moving average of $40.50.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Air Liquide stock. Madison Asset Management LLC acquired a new stake in Air Liquide (OTCMKTS:AIQUY) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 35,520 shares of the basic materials company’s stock, valued at approximately $1,402,000. Institutional investors own 0.03% of the company’s stock.

About Air Liquide

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.