Air Liquide (OTCMKTS:AIQUY) Stock Passes Above 50-Day Moving Average – Should You Sell?

Air Liquide (OTCMKTS:AIQUYGet Free Report) shares passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $39.79 and traded as high as $40.16. Air Liquide shares last traded at $39.80, with a volume of 105,862 shares changing hands.

Analyst Ratings Changes

AIQUY has been the subject of several research reports. Citigroup restated a “buy” rating on shares of Air Liquide in a research note on Wednesday, July 29th. Zacks Research upgraded shares of Air Liquide from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 29th. Finally, Morgan Stanley upgraded shares of Air Liquide from an “underweight” rating to an “overweight” rating in a research report on Monday, July 20th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy”.

Get Our Latest Analysis on AIQUY

Air Liquide Stock Performance

The company’s fifty day moving average price is $39.79 and its two-hundred day moving average price is $40.36. The company has a current ratio of 1.14, a quick ratio of 0.90 and a debt-to-equity ratio of 0.37.

Institutional Trading of Air Liquide

A hedge fund recently raised its position in Air Liquide stock. Madison Asset Management LLC lifted its position in shares of Air Liquide (OTCMKTS:AIQUYFree Report) by 6.8% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund 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 as of its most recent SEC filing. Institutional investors own 0.03% of the company’s stock.

Air Liquide Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Air Liquide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Air Liquide and related companies with MarketBeat.com's FREE daily email newsletter.