Air Liquide (OTCMKTS:AIQUY) Upgraded by Mizuho to “Strong-Buy” Rating

Mizuho upgraded shares of Air Liquide (OTCMKTS:AIQUY) to a strong-buy rating in a report issued on Monday,Zacks reports.

A number of other analysts have also weighed in on AIQUY. Morgan Stanley upgraded shares of Air Liquide from an “underweight” rating to an “overweight” rating in a research note on Monday, July 20th. Citigroup reiterated a “buy” rating on shares of Air Liquide in a report on Wednesday, July 29th. Finally, Zacks Research raised shares of Air Liquide from a “strong sell” rating to a “hold” rating in a research report on Wednesday, July 29th. Two equities research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Buy”.

Air Liquide Trading Up 1.8%

AIQUY stock opened at $40.02 on Monday. The business’s 50-day moving average is $39.65 and its two-hundred day moving average is $40.50. The company has a quick ratio of 0.90, a current ratio of 1.14 and a debt-to-equity ratio of 0.37. Air Liquide has a 1 year low of $32.88 and a 1 year high of $41.24.

Institutional Investors Weigh In On Air Liquide

A hedge fund recently raised its stake in Air Liquide stock. GAMMA Investing LLC increased its holdings in shares of Air Liquide (OTCMKTS:AIQUY) by 25.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,977 shares of the basic materials company’s stock after purchasing an additional 2,259 shares during the quarter. GAMMA Investing LLC’s holdings in Air Liquide were worth $433,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 0.03% of the company’s stock.

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.