Air Liquide (OTCMKTS:AIQUY) Sees Strong Trading Volume – Time to Buy?

Air Liquide (OTCMKTS:AIQUY) shares saw unusually-high trading volume on Thursday . Approximately 1,078,267 shares changed hands during mid-day trading, an increase of 247% from the previous session’s volume of 310,750 shares.The stock last traded at $39.78 and had previously closed at $40.27.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Air Liquide in a research note on Wednesday, October 29th. Two research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold”.

Air Liquide Trading Up 0.3%

The company has a debt-to-equity ratio of 0.34, a current ratio of 0.84 and a quick ratio of 0.61. The stock’s fifty day moving average price is $37.65 and its two-hundred day moving average price is $39.29.

Institutional Investors Weigh In On Air Liquide

Several hedge funds and other institutional investors have recently made changes to their positions in AIQUY. Salomon & Ludwin LLC raised its stake in Air Liquide by 1,692.0% during the 3rd quarter. Salomon & Ludwin LLC now owns 1,344 shares of the basic materials company’s stock worth $54,000 after acquiring an additional 1,269 shares in the last quarter. First Horizon Advisors Inc. boosted its position in shares of Air Liquide by 49.3% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,556 shares of the basic materials company’s stock valued at $64,000 after purchasing an additional 514 shares during the period. Kornitzer Capital Management Inc. KS purchased a new position in Air Liquide during the 2nd quarter worth approximately $208,000. GAMMA Investing LLC increased its position in Air Liquide by 15.3% during the third quarter. GAMMA Investing LLC now owns 7,822 shares of the basic materials company’s stock worth $324,000 after buying an additional 1,039 shares during the period. Finally, Moloney Securities Asset Management LLC lifted its stake in Air Liquide by 10.5% in the second quarter. Moloney Securities Asset Management LLC now owns 31,552 shares of the basic materials company’s stock valued at $1,297,000 after buying an additional 3,000 shares during the last quarter. Institutional investors and hedge funds own 0.03% of the company’s stock.

Air Liquide Company Profile

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.