Zacks Research Downgrades Air Liquide (OTCMKTS:AIQUY) to Strong Sell

Air Liquide (OTCMKTS:AIQUY) was downgraded by Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued on Tuesday,Zacks.com reports.

Several other research analysts also recently commented on the stock. Kepler Capital Markets raised shares of Air Liquide from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 31st. Citigroup reissued 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 issued a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Air Liquide presently has an average rating of “Moderate Buy”.

Air Liquide Price Performance

Shares of Air Liquide stock opened at $40.07 on Tuesday. The business’s fifty day simple moving average is $40.84 and its 200 day simple moving average is $39.85. The company has a current ratio of 1.14, a quick ratio of 0.90 and a debt-to-equity ratio of 0.37. Air Liquide has a 12 month low of $32.88 and a 12 month high of $40.38.

Institutional Trading of Air Liquide

An institutional investor recently raised its position in Air Liquide stock. Madison Asset Management LLC lifted its position in Air Liquide (OTCMKTS:AIQUY) by 6.8% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 32,573 shares of the basic materials company’s stock after purchasing 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. Hedge funds and other institutional investors 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.