Air Liquide (OTCMKTS:AIQUY) Stock Passes Below 50-Day Moving Average – What’s Next?

Air Liquide (OTCMKTS:AIQUY) shares passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $41.42 and traded as low as $41.03. Air Liquide shares last traded at $41.16, with a volume of 103,277 shares.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on AIQUY shares. Zacks Research raised Air Liquide from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 28th. Citigroup restated a “buy” rating on shares of Air Liquide in a report on Wednesday, April 29th. Finally, Kepler Capital Markets upgraded Air Liquide from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 31st. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Air Liquide Stock Performance

The company has a fifty day moving average of $41.42 and a two-hundred day moving average of $39.43. The company has a current ratio of 1.14, a quick ratio of 0.90 and a debt-to-equity ratio of 0.37.

Hedge Funds Weigh In On Air Liquide

An institutional investor recently raised its position in Air Liquide stock. Madison Asset Management LLC lifted its position in Air Liquide (OTCMKTS:AIQUY) by 6.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 32,573 shares of the basic materials company’s stock after purchasing 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 currently 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.