Air Liquide (OTCMKTS:AIQUY) Sees Unusually-High Trading Volume – Still a Buy?

Air Liquide (OTCMKTS:AIQUYGet Free Report) saw unusually-strong trading volume on Monday . 723,531 shares traded hands during trading, an increase of 176% from the previous session’s volume of 262,317 shares.The stock last traded at $39.22 and had previously closed at $38.91.

Wall Street Analyst Weigh In

Several analysts have weighed in on AIQUY shares. Citigroup reissued a “buy” rating on shares of Air Liquide in a report on Wednesday, July 29th. Morgan Stanley raised shares of Air Liquide from an “underweight” rating to an “overweight” rating in a research note on Monday, July 20th. Finally, Zacks Research upgraded shares of Air Liquide from a “strong sell” rating to a “hold” rating in a report on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy”.

Get Our Latest Analysis on AIQUY

Air Liquide Stock Performance

The business has a 50 day simple moving average of $39.52 and a two-hundred day simple moving average of $40.52. The company has a current ratio of 1.14, a quick ratio of 0.90 and a debt-to-equity ratio of 0.37.

Hedge Funds Weigh In On Air Liquide

A hedge fund recently raised its position in Air Liquide stock. GAMMA Investing LLC boosted its holdings in Air Liquide (OTCMKTS:AIQUYFree Report) by 25.9% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 10,977 shares of the basic materials company’s stock after buying 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. 0.03% of the stock is currently owned by institutional investors and hedge funds.

Air Liquide Company Profile

(Get Free Report)

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.

Further Reading

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