Air Liquide (OTCMKTS:AIQUY) Stock Rating Upgraded by Mizuho

Air Liquide (OTCMKTS:AIQUY) was upgraded by equities researchers at Mizuho to a “strong-buy” rating in a research report issued to clients and investors on Monday, Zacks reports.

Other analysts also recently issued research reports about the stock. Zacks Research upgraded shares of Air Liquide from a “strong sell” rating to a “hold” rating in a report on Wednesday, July 29th. Morgan Stanley upgraded Air Liquide from an “underweight” rating to an “overweight” rating in a report on Monday, July 20th. Finally, Citigroup restated a “buy” rating on shares of Air Liquide in a research report on Wednesday, July 29th. Two equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy”.

Air Liquide Price Performance

Shares of OTCMKTS AIQUY opened at $40.02 on Monday. Air Liquide has a 52 week low of $32.88 and a 52 week high of $41.24. The firm has a 50-day simple moving average of $39.65 and a 200-day simple moving average of $40.50. 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 Investors Weigh In On Air Liquide

An institutional investor recently bought a new position in Air Liquide stock. Madison Asset Management LLC bought a new position in shares of Air Liquide (OTCMKTS:AIQUY) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 35,520 shares of the basic materials company’s stock, valued at approximately $1,402,000. 0.03% of the stock is currently owned by institutional investors and hedge funds.

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.