Air Liquide (OTCMKTS:AIQUY) Hits New 1-Year High – Here’s What Happened

Air Liquide (OTCMKTS:AIQUY)’s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $43.48 and last traded at $43.44, with a volume of 4691 shares traded. The stock had previously closed at $42.38.

Analyst Upgrades and Downgrades

AIQUY has been the topic of a number of analyst reports. Zacks Research cut shares of Air Liquide from a “hold” rating to a “strong sell” rating in a research note on Monday, March 30th. Kepler Capital Markets upgraded shares of Air Liquide from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 31st. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Air Liquide Trading Up 0.5%

The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.90 and a current ratio of 1.14. The company’s 50 day simple moving average is $40.25 and its 200-day simple moving average is $39.10.

Hedge Funds Weigh In On Air Liquide

A hedge fund recently raised its stake in Air Liquide stock. Salomon & Ludwin LLC raised its stake in shares of Air Liquide (OTCMKTS:AIQUY) by 1,692.0% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 1,344 shares of the basic materials company’s stock after acquiring an additional 1,269 shares during the period. Salomon & Ludwin LLC’s holdings in Air Liquide were worth $54,000 as of its most recent SEC filing. Institutional investors own 0.04% 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.