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

Air Liquide (OTCMKTS:AIQUY) shares saw unusually-strong trading volume on Thursday . Approximately 712,090 shares traded hands during trading, an increase of 175% from the previous session’s volume of 259,155 shares.The stock last traded at $37.23 and had previously closed at $37.45.

Wall Street Analyst Weigh In

A number of research firms have issued reports on AIQUY. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Air Liquide in a research report on Wednesday, October 29th. Kepler Capital Markets upgraded Air Liquide from a “strong sell” rating to a “hold” rating in a report on Monday, October 6th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy”.

Air Liquide Trading Down 0.6%

The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.61 and a current ratio of 0.84. The business’s fifty day moving average price is $37.84 and its two-hundred day moving average price is $39.68.

Institutional Trading of Air Liquide

Several large investors have recently made changes to their positions in the stock. Salomon & Ludwin LLC increased its holdings in shares of Air Liquide by 1,692.0% during the 3rd 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 boosted its position in Air Liquide by 15.3% during 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. Rhumbline Advisers grew its holdings in Air Liquide by 0.4% during the second 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 last quarter. First Horizon Advisors Inc. raised its position in shares of Air Liquide by 49.3% in the second quarter. First Horizon Advisors Inc. now owns 1,556 shares of the basic materials company’s stock valued at $64,000 after purchasing an additional 514 shares during the period. Finally, Kornitzer Capital Management Inc. KS bought a new position in shares of Air Liquide in the second quarter valued at approximately $208,000. Institutional investors own 0.02% of the company’s stock.

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.