Air Liquide (OTCMKTS:AIQUY) Sees Large Volume Increase – Here’s What Happened

Air Liquide (OTCMKTS:AIQUYGet Free Report) shares saw strong trading volume on Monday . 790,332 shares changed hands during mid-day trading, an increase of 188% from the previous session’s volume of 274,662 shares.The stock last traded at $38.07 and had previously closed at $37.38.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Zacks Research raised Air Liquide from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 29th. Mizuho raised shares of Air Liquide to a “strong-buy” rating in a report on Monday, August 31st. Citigroup reiterated a “buy” rating on shares of Air Liquide in a research report on Wednesday, July 29th. Finally, Morgan Stanley upgraded shares of Air Liquide from an “underweight” rating to an “overweight” rating in a research report on Monday, July 20th. Two equities research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Buy”.

Check Out Our Latest Stock Report on Air Liquide

Air Liquide Trading Up 1.8%

The stock has a 50-day moving average of $39.40 and a 200 day moving average of $40.33. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.68 and a current ratio of 0.87.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Air Liquide stock. Madison Asset Management LLC purchased a new stake in shares of Air Liquide (OTCMKTS:AIQUYFree Report) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 35,520 shares of the basic materials company’s stock, valued at approximately $1,402,000. Hedge funds and other institutional investors own 0.03% of the company’s stock.

About Air Liquide

(Get Free Report)

Air Liquide (OTCMKTS:AIQUY) is a global industrial and healthcare gases company that supplies essential gases, technologies and related services to customers across a range of industries. Its products include oxygen, nitrogen, hydrogen, argon, carbon dioxide and specialty gases, which are used in manufacturing, chemicals, energy, food and beverage, electronics, healthcare and scientific research.

The company also designs and operates gas production and distribution systems, provides industrial and medical equipment, and develops solutions related to hydrogen, low-carbon industry and the energy transition.

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