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

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

AIQUY has been the subject of several other reports. Kepler Capital Markets raised Air Liquide from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 31st. Citigroup reissued a “buy” rating on shares of Air Liquide in a research report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Air Liquide Stock Performance

AIQUY stock opened at $40.07 on Tuesday. The business’s fifty day moving average price is $40.84 and its 200 day moving average price is $39.85. Air Liquide has a 12-month low of $32.88 and a 12-month high of $40.38. The company has a current ratio of 1.14, a quick ratio of 0.90 and a debt-to-equity ratio of 0.37.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Air Liquide stock. Madison Asset Management LLC increased its stake in shares of Air Liquide (OTCMKTS:AIQUY) by 6.8% in the 1st quarter, according to its most recent 13F filing 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 at the end of the most recent quarter. 0.03% of the stock is owned by institutional investors and hedge funds.

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.