Air Liquide (OTCMKTS:AIQUY) Shares Cross Below 50-Day Moving Average – Time to Sell?

Air Liquide (OTCMKTS:AIQUY)’s stock price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $42.14 and traded as low as $38.46. Air Liquide shares last traded at $38.59, with a volume of 448,003 shares.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Citigroup reissued a “buy” rating on shares of Air Liquide in a report on Wednesday, April 29th. Zacks Research upgraded Air Liquide from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 28th. Finally, Kepler Capital Markets upgraded Air Liquide from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 31st. One 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 company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Buy”.

Air Liquide Trading Down 1.1%

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

Institutional Investors Weigh In On Air Liquide

A hedge fund recently raised its stake in Air Liquide stock. Madison Asset Management LLC grew its stake in shares of Air Liquide (OTCMKTS:AIQUY) by 6.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 32,573 shares of the basic materials company’s stock after buying an additional 2,061 shares during the period. Madison Asset Management LLC’s holdings in Air Liquide were worth $1,352,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 0.03% of the company’s stock.

About Air Liquide

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.