Air Liquide (OTCMKTS:AIQUY) Hits New 1-Year High – Still a Buy?

Air Liquide (OTCMKTS:AIQUY) hit a new 52-week high during trading on Thursday . The stock traded as high as $43.48 and last traded at $43.44, with a volume of 4691 shares traded. The stock had previously closed at $42.38.

Analyst Ratings Changes

A number of analysts 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. Zacks Research downgraded shares of Air Liquide from a “hold” rating to a “strong sell” rating in a report on Monday, March 30th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

Air Liquide Price Performance

The firm’s 50 day moving average is $40.00 and its two-hundred day moving average is $39.05. The company has a quick ratio of 0.90, a current ratio of 1.14 and a debt-to-equity ratio of 0.37.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Air Liquide stock. Salomon & Ludwin LLC grew its stake in shares of Air Liquide (OTCMKTS:AIQUY) by 1,692.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,344 shares of the basic materials company’s stock after acquiring an additional 1,269 shares during the quarter. Salomon & Ludwin LLC’s holdings in Air Liquide were worth $54,000 at the end of the most recent quarter. 0.04% of the stock is currently owned by institutional investors.

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.