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

Air Liquide (OTCMKTS:AIQUY) shares saw unusually-strong trading volume on Wednesday . Approximately 1,172,202 shares were traded during trading, an increase of 218% from the previous session’s volume of 368,611 shares.The stock last traded at $39.07 and had previously closed at $40.32.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Air Liquide in a research note on Wednesday, October 29th. Two investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold”.

Air Liquide Stock Down 3.1%

The company has a current ratio of 0.84, a quick ratio of 0.61 and a debt-to-equity ratio of 0.34. The firm’s 50-day moving average price is $37.78 and its 200 day moving average price is $39.29.

Institutional Investors Weigh In On Air Liquide

Several institutional investors have recently bought and sold shares of AIQUY. Salomon & Ludwin LLC lifted its stake in Air Liquide by 1,692.0% during the 3rd quarter. Salomon & Ludwin LLC now owns 1,344 shares of the basic materials company’s stock valued at $54,000 after acquiring an additional 1,269 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of Air Liquide by 15.3% in 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 during the last quarter. Rhumbline Advisers lifted its position in shares of Air Liquide by 0.4% during the second quarter. Rhumbline Advisers now owns 70,948 shares of the basic materials company’s stock valued at $2,931,000 after purchasing an additional 314 shares in the last quarter. First Horizon Advisors Inc. boosted its holdings in Air Liquide by 49.3% during the second quarter. First Horizon Advisors Inc. now owns 1,556 shares of the basic materials company’s stock worth $64,000 after purchasing an additional 514 shares during the last quarter. Finally, Kornitzer Capital Management Inc. KS purchased a new position in Air Liquide during the second quarter worth about $208,000. Institutional investors own 0.03% of the company’s stock.

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.