Air Liquide (OTCMKTS:AIQUY) Sees Unusually-High Trading Volume – Should You Buy?

Shares of Air Liquide (OTCMKTS:AIQUY) saw unusually-strong trading volume on Thursday . Approximately 872,271 shares traded hands during trading, an increase of 202% from the previous session’s volume of 289,120 shares.The stock last traded at $38.31 and had previously closed at $38.59.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on AIQUY shares. Citigroup reaffirmed a “buy” rating on shares of Air Liquide in a report on Wednesday, April 29th. Zacks Research raised Air Liquide from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 28th. Finally, Kepler Capital Markets upgraded Air Liquide from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 31st. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

Air Liquide Price Performance

The company has a current ratio of 1.14, a quick ratio of 0.90 and a debt-to-equity ratio of 0.37. The business has a 50-day moving average of $42.14 and a 200 day moving average of $39.75.

Institutional Trading of Air Liquide

An institutional investor recently raised its position in Air Liquide stock. Madison Asset Management LLC grew its stake in Air Liquide (OTCMKTS:AIQUY) by 6.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 32,573 shares of the basic materials company’s stock after buying an additional 2,061 shares during the quarter. Madison Asset Management LLC’s holdings in Air Liquide were worth $1,352,000 as of its most recent SEC filing. 0.03% of the stock is owned by hedge funds and other 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.