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

Shares of Air Liquide (OTCMKTS:AIQUY) saw unusually-strong trading volume on Monday . 723,531 shares traded hands during trading, an increase of 176% from the previous session’s volume of 262,317 shares.The stock last traded at $39.22 and had previously closed at $38.91.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on AIQUY shares. Citigroup restated a “buy” rating on shares of Air Liquide in a research report on Wednesday, July 29th. Zacks Research upgraded shares of Air Liquide from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 29th. Finally, Morgan Stanley upgraded shares of Air Liquide from an “underweight” rating to an “overweight” rating in a research report on Monday, July 20th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Air Liquide currently has an average rating of “Buy”.

Air Liquide Stock Up 0.7%

The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.90 and a current ratio of 1.14. The company’s fifty day moving average is $39.50 and its 200-day moving average is $40.51.

Hedge Funds Weigh In On Air Liquide

A hedge fund recently raised its position in Air Liquide stock. GAMMA Investing LLC grew its position in Air Liquide (OTCMKTS:AIQUY) by 25.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 10,977 shares of the basic materials company’s stock after acquiring an additional 2,259 shares during the quarter. GAMMA Investing LLC’s holdings in Air Liquide were worth $433,000 as of its most recent SEC filing. Institutional investors own 0.03% of the company’s stock.

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.