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

Air Liquide (OTCMKTS:AIQUY) shares saw an uptick in trading volume on Thursday . 326,996 shares traded hands during trading, an increase of 22% from the previous session’s volume of 268,376 shares.The stock last traded at $40.11 and had previously closed at $39.96.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on AIQUY shares. Morgan Stanley upgraded shares of Air Liquide from an “underweight” rating to an “overweight” rating in a report on Monday, July 20th. Citigroup reiterated a “buy” rating on shares of Air Liquide in a research note on Wednesday, July 29th. Zacks Research raised shares of Air Liquide from a “strong sell” rating to a “hold” rating in a research report on Wednesday, July 29th. Finally, Mizuho upgraded shares of Air Liquide to a “strong-buy” rating in a research note on Monday, August 31st. Two equities research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Air Liquide has a consensus rating of “Buy”.

Air Liquide Price Performance

The company has a quick ratio of 0.90, a current ratio of 1.14 and a debt-to-equity ratio of 0.37. The stock has a 50 day simple moving average of $39.71 and a two-hundred day simple moving average of $40.50.

Institutional Trading of Air Liquide

An institutional investor recently raised its position in Air Liquide stock. GAMMA Investing LLC boosted its holdings in shares of Air Liquide (OTCMKTS:AIQUY) by 25.9% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 10,977 shares of the basic materials company’s stock after purchasing an additional 2,259 shares during the period. GAMMA Investing LLC’s holdings in Air Liquide were worth $433,000 as of its most recent filing with the SEC. 0.03% 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.