Air Liquide (OTCMKTS:AIQUY) Shares Cross Below 50-Day Moving Average – Time to Sell?

Air Liquide (OTCMKTS:AIQUY) shares passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $42.14 and traded as low as $38.46. Air Liquide shares last traded at $38.59, with a volume of 448,003 shares changing hands.

Wall Street Analyst Weigh In

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

Air Liquide Trading Down 1.1%

The company has a debt-to-equity ratio of 0.37, a current ratio of 1.14 and a quick ratio of 0.90. The company’s 50-day moving average is $42.14 and its two-hundred day moving average is $39.75.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Air Liquide stock. Madison Asset Management LLC increased its stake in Air Liquide (OTCMKTS:AIQUY) by 6.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. 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.

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.