Air Liquide (OTCMKTS:AIQUY) Shares Pass Below 50-Day Moving Average – What’s Next?

Shares of Air Liquide (OTCMKTS:AIQUYGet Free Report) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $41.92 and traded as low as $40.64. Air Liquide shares last traded at $40.92, with a volume of 158,110 shares.

Wall Street Analyst Weigh In

AIQUY has been the subject of a number of research reports. Kepler Capital Markets upgraded shares of Air Liquide from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 31st. Zacks Research raised shares of Air Liquide from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 28th. Finally, Citigroup reaffirmed a “buy” rating on shares of Air Liquide in a report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Buy”.

Check Out Our Latest Report on AIQUY

Air Liquide Trading Down 0.7%

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 firm’s 50 day moving average is $41.92 and its 200-day moving average is $39.67.

Hedge Funds Weigh In On Air Liquide

A hedge fund recently raised its stake in Air Liquide stock. Madison Asset Management LLC lifted its position in shares of Air Liquide (OTCMKTS:AIQUYFree Report) by 6.8% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 32,573 shares of the basic materials company’s stock after buying an additional 2,061 shares during the period. Madison Asset Management LLC’s holdings in Air Liquide were worth $1,352,000 as of its most recent SEC filing. Institutional investors own 0.03% of the company’s stock.

About Air Liquide

(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.

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