Kepler Capital Markets Upgrades Air Liquide (OTCMKTS:AIQUY) to “Strong-Buy”

Air Liquide (OTCMKTS:AIQUY) was upgraded by stock analysts at Kepler Capital Markets from a “hold” rating to a “strong-buy” rating in a report issued on Tuesday,Zacks.com reports.

Air Liquide Price Performance

Shares of Air Liquide stock opened at $41.50 on Tuesday. Air Liquide has a twelve month low of $34.76 and a twelve month high of $43.12. 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 company has a fifty day moving average price of $39.42 and a 200 day moving average price of $39.00.

Institutional Investors Weigh In On Air Liquide

Several hedge funds have recently modified their holdings of the stock. Salomon & Ludwin LLC grew its position 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 in the last quarter. GAMMA Investing LLC lifted its position in shares of 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 in the last quarter. Finally, Rhumbline Advisers lifted its position in shares of Air Liquide by 0.4% during the second quarter. Rhumbline Advisers now owns 70,948 shares of the basic materials company’s stock worth $2,931,000 after purchasing an additional 314 shares in the last quarter. 0.04% of the stock is currently owned by hedge funds and other 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.