Air Liquide (OTCMKTS:AIQUY) Downgraded by Zacks Research to “Strong Sell”

Zacks Research cut shares of Air Liquide (OTCMKTS:AIQUY) from a hold rating to a strong sell rating in a report published on Monday morning,Zacks.com reports.

Separately, Kepler Capital Markets raised shares of Air Liquide from a “hold” rating to a “strong-buy” rating in a research report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold”.

Air Liquide Stock Performance

Shares of AIQUY stock opened at $41.50 on Monday. Air Liquide has a 12 month low of $34.76 and a 12 month high of $43.12. The company’s fifty day simple moving average is $39.42 and its 200-day simple moving average is $39.00. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.14 and a quick ratio of 0.90.

Institutional Trading of Air Liquide

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Salomon & Ludwin LLC lifted its stake in Air Liquide by 1,692.0% in the third quarter. Salomon & Ludwin LLC now owns 1,344 shares of the basic materials company’s stock valued at $54,000 after acquiring an additional 1,269 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of Air Liquide by 15.3% during the 3rd 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 last quarter. Finally, Rhumbline Advisers raised its holdings in shares of Air Liquide by 0.4% in the 2nd quarter. Rhumbline Advisers now owns 70,948 shares of the basic materials company’s stock valued at $2,931,000 after purchasing an additional 314 shares during the period. 0.04% of the stock is owned by institutional investors.

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.