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

Kepler Capital Markets upgraded shares of Air Liquide (OTCMKTS:AIQUY) from a hold rating to a strong-buy rating in a report released on Tuesday,Zacks.com reports.

Air Liquide Trading Up 2.9%

Shares of Air Liquide stock opened at $41.50 on Tuesday. Air Liquide has a 1 year low of $34.76 and a 1 year high of $43.12. The company’s fifty day simple moving average is $39.42 and its 200-day simple moving average is $39.00. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.90 and a current ratio of 1.14.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Rhumbline Advisers raised its stake in shares of Air Liquide by 0.4% in the 2nd quarter. Rhumbline Advisers now owns 70,948 shares of the basic materials company’s stock valued at $2,931,000 after buying an additional 314 shares in the last quarter. GAMMA Investing LLC boosted its holdings 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 valued at $324,000 after purchasing an additional 1,039 shares in the last quarter. Finally, Salomon & Ludwin LLC grew its stake in shares of Air Liquide by 1,692.0% in the 3rd quarter. Salomon & Ludwin LLC now owns 1,344 shares of the basic materials company’s stock valued at $54,000 after purchasing an additional 1,269 shares during the period. 0.04% of the stock is currently owned by institutional investors and hedge funds.

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.