Air Liquide (OTCMKTS:AIQUY) Stock Rating Lowered by Zacks Research

Air Liquide (OTCMKTS:AIQUY) was downgraded by analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued on Tuesday,Zacks.com reports.

A number of other equities research analysts have also issued reports on AIQUY. Citigroup restated a “buy” rating on shares of Air Liquide in a research note on Wednesday, April 29th. Kepler Capital Markets raised Air Liquide from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 31st. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Air Liquide Stock Up 1.5%

OTCMKTS AIQUY opened at $40.07 on Tuesday. The company has a current ratio of 1.14, a quick ratio of 0.90 and a debt-to-equity ratio of 0.37. Air Liquide has a 12 month low of $32.88 and a 12 month high of $40.38. The company’s fifty day moving average price is $40.84 and its two-hundred day moving average price is $39.85.

Institutional Trading of Air Liquide

A hedge fund recently raised its stake in Air Liquide stock. Madison Asset Management LLC lifted its holdings in Air Liquide (OTCMKTS:AIQUY) by 6.8% during the first quarter, according to the company in its most recent filing with the SEC. The fund 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 filing with the SEC. 0.03% 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.