Air Liquide (OTCMKTS:AIQUY) Sees Unusually-High Trading Volume – Should You Buy?

Shares of Air Liquide (OTCMKTS:AIQUY) saw an uptick in trading volume on Thursday . 872,271 shares changed hands during mid-day trading, an increase of 202% from the previous session’s volume of 289,120 shares.The stock last traded at $38.31 and had previously closed at $38.59.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on AIQUY. Kepler Capital Markets upgraded Air Liquide from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 31st. Zacks Research upgraded Air Liquide from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 28th. Finally, Citigroup reiterated a “buy” rating on shares of Air Liquide in a research 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 given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Buy”.

Air Liquide Stock Performance

The company has a current ratio of 1.14, a quick ratio of 0.90 and a debt-to-equity ratio of 0.37. The business has a fifty day moving average price of $42.14 and a 200-day moving average price of $39.75.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Air Liquide stock. Madison Asset Management LLC increased its holdings in shares of Air Liquide (OTCMKTS:AIQUY) by 6.8% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 32,573 shares of the basic materials company’s stock after purchasing an additional 2,061 shares during the quarter. Madison Asset Management LLC’s holdings in Air Liquide were worth $1,352,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 0.03% of the stock is currently owned by institutional investors and hedge funds.

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.