Air Liquide (OTCMKTS:AIQUY) Sees Large Volume Increase – What’s Next?

Shares of Air Liquide (OTCMKTS:AIQUY) saw strong trading volume on Friday. Approximately 902,585 shares were traded during mid-day trading, an increase of 225% from the previous session’s volume of 278,076 shares. The stock last traded at $38.15 and had previously closed at $37.36.

Analyst Ratings Changes

Several analysts have weighed in on AIQUY shares. Citigroup reissued a “buy” rating on shares of Air Liquide in a research note on Wednesday, July 29th. Zacks Research raised Air Liquide from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 29th. Mizuho upgraded Air Liquide to a “strong-buy” rating in a report on Monday, August 31st. Finally, Morgan Stanley raised Air Liquide from an “underweight” rating to an “overweight” rating in a research note on Monday, July 20th. Two research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Air Liquide currently has a consensus rating of “Buy”.

Air Liquide Price Performance

The company has a current ratio of 0.87, a quick ratio of 0.68 and a debt-to-equity ratio of 0.41. The stock’s fifty day moving average is $39.03 and its 200 day moving average is $40.25.

Hedge Funds Weigh In On Air Liquide

An institutional investor recently raised its stake in Air Liquide stock. GAMMA Investing LLC increased its holdings in Air Liquide (OTCMKTS:AIQUY) by 25.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,977 shares of the basic materials company’s stock after purchasing an additional 2,259 shares during the quarter. GAMMA Investing LLC’s holdings in Air Liquide were worth $433,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 0.03% of the company’s stock.

Air Liquide Company Profile

Air Liquide is a France-based industrial gases and healthcare company that supplies essential gases, technologies and services to customers across a range of industries. Its products include oxygen, nitrogen, hydrogen, argon, carbon dioxide and specialty gases used in manufacturing, chemicals, electronics, energy, food processing and research.

The company also provides medical gases, equipment and services for hospitals and healthcare providers, as well as home healthcare solutions for patients with respiratory conditions.