Air Liquide (OTCMKTS:AIQUY) Shares Gap Up – Time to Buy?

Air Liquide (OTCMKTS:AIQUY)’s stock price gapped up prior to trading on Friday . The stock had previously closed at $39.0660, but opened at $40.96. Air Liquide shares last traded at $40.89, with a volume of 3,798 shares trading hands.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Air Liquide in a research note on Wednesday, October 29th. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold”.

Air Liquide Trading Up 4.4%

The company has a 50 day moving average of $37.86 and a 200 day moving average of $39.29. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.84 and a quick ratio of 0.61.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of AIQUY. Moloney Securities Asset Management LLC raised its holdings in Air Liquide by 10.5% during the 2nd quarter. Moloney Securities Asset Management LLC now owns 31,552 shares of the basic materials company’s stock worth $1,297,000 after purchasing an additional 3,000 shares during the last quarter. Kornitzer Capital Management Inc. KS bought a new stake in Air Liquide during the second quarter worth $208,000. First Horizon Advisors Inc. lifted its holdings in Air Liquide by 49.3% during the 2nd quarter. First Horizon Advisors Inc. now owns 1,556 shares of the basic materials company’s stock worth $64,000 after purchasing an additional 514 shares during the last quarter. Rhumbline Advisers increased its stake in Air Liquide by 0.4% in the second quarter. Rhumbline Advisers now owns 70,948 shares of the basic materials company’s stock valued at $2,931,000 after acquiring an additional 314 shares during the last quarter. Finally, GAMMA Investing LLC raised its position in Air Liquide by 15.3% in the third quarter. GAMMA Investing LLC now owns 7,822 shares of the basic materials company’s stock valued at $324,000 after purchasing an additional 1,039 shares during the last quarter. 0.03% of the stock is currently owned by institutional investors.

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.