Air Liquide (OTCMKTS:AIQUY) Shares Gap Up – Here’s What Happened

Shares of Air Liquide (OTCMKTS:AIQUY) gapped up before the market opened on Friday . The stock had previously closed at $39.0660, but opened at $40.96. Air Liquide shares last traded at $40.89, with a volume of 3,798 shares traded.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Air Liquide in a research report on Wednesday, October 29th. Two analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Air Liquide currently has an average rating of “Hold”.

Air Liquide Trading Up 4.4%

The company has a current ratio of 0.84, a quick ratio of 0.61 and a debt-to-equity ratio of 0.34. The company’s fifty day simple moving average is $37.86 and its 200 day simple moving average is $39.29.

Hedge Funds Weigh In On Air Liquide

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