Air Liquide SA (NASDAQ:AIQUY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report issued on Tuesday.
According to Zacks, “Air Liquide’s core business is to supply oxygen, nitrogen, hydrogen and many other gases and services to most industries (for example: steel, oil refining, chemicals, glass, electronics, healthcare, food processing, metallurgy, paper and aerospace). Their global presence (130 subsidiaries in more than 65 countries) allows them to combine the resources and expertise of a global enterprise with a powerful local presence based on independent customer-focused teams. “
Air Liquide SA (NASDAQ:AIQUY) traded up 0.79% during mid-day trading on Tuesday, hitting $20.47. 120,391 shares of the stock were exchanged. Air Liquide SA has a 1-year low of $19.33 and a 1-year high of $27.53. The stock has a 50 day moving average price of $21.73 and a 200 day moving average price of $21.55. The company has a market capitalization of $35.25 billion and a PE ratio of 18.45.
An institutional investor recently raised its position in Air Liquide SA stock. Parametric Portfolio Associates LLC boosted its position in shares of Air Liquide SA (NASDAQ:AIQUY) by 14.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 686,857 shares of the company’s stock after buying an additional 84,462 shares during the period. Parametric Portfolio Associates LLC’s holdings in Air Liquide SA were worth $14,445,000 at the end of the most recent quarter.
Air Liquide SA Company Profile
AIR LIQUIDE, SA is a provider of gases, technologies and services to a range of industries, such as steel industry, food and beverage, electronics or pharmaceuticals. The Company classifies its activities as Gas and Services, Engineering and Technology, and Other Activities. Its Gas and Services activities supplies a range of gases, application equipment and associated services to technology, research, materials, energy, automotive, manufacturing, food, pharmaceuticals, craftsmen, and network industries.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Air Liquide SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Air Liquide SA and related companies with MarketBeat.com's FREE daily email newsletter.