Air Liquide (OTCMKTS:AIQUY) Stock Rating Lowered by Zacks Research

Air Liquide (OTCMKTS:AIQUY) was downgraded by research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued to investors on Monday,Zacks.com reports.

Separately, Kepler Capital Markets raised Air Liquide from a “hold” rating to a “strong-buy” rating in a research note on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Air Liquide Stock Performance

AIQUY stock opened at $41.50 on Monday. The business has a 50 day moving average of $39.42 and a 200 day moving average of $39.00. Air Liquide has a twelve month low of $34.76 and a twelve month high of $43.12. The company has a quick ratio of 0.90, a current ratio of 1.14 and a debt-to-equity ratio of 0.37.

Hedge Funds Weigh In On Air Liquide

Several hedge funds and other institutional investors have recently modified their holdings of AIQUY. Salomon & Ludwin LLC lifted its holdings in Air Liquide by 1,692.0% in the third 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 during the period. GAMMA Investing LLC grew its stake in shares of Air Liquide by 15.3% during the 3rd 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 period. Finally, Rhumbline Advisers increased its position in shares of Air Liquide by 0.4% during the 2nd 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 during the last quarter. 0.04% of the stock is owned by institutional investors.

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.