Air Liquide (OTCMKTS:AIQUY) Sees Unusually-High Trading Volume – What’s Next?

Shares of Air Liquide (OTCMKTS:AIQUY) saw strong trading volume on Monday . Approximately 457,023 shares were traded during trading, an increase of 60% from the previous session’s volume of 285,159 shares.The stock last traded at $40.51 and had previously closed at $41.13.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Kepler Capital Markets upgraded shares of Air Liquide from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 31st. Citigroup reiterated a “buy” rating on shares of Air Liquide in a report on Wednesday, April 29th. Finally, Zacks Research downgraded shares of Air Liquide from a “hold” rating to a “strong sell” rating in a research note on Tuesday, June 30th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

Air Liquide Price Performance

The company has a debt-to-equity ratio of 0.37, a current ratio of 1.14 and a quick ratio of 0.90. The company has a fifty day simple moving average of $40.75 and a two-hundred day simple moving average of $39.90.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Air Liquide stock. Madison Asset Management LLC raised its holdings in shares of Air Liquide (OTCMKTS:AIQUY) by 6.8% during the first quarter, according to its most recent filing with the SEC. The firm owned 32,573 shares of the basic materials company’s stock after purchasing an additional 2,061 shares during the period. Madison Asset Management LLC’s holdings in Air Liquide were worth $1,352,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 0.03% 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.