Air Liquide (OTCMKTS:AIQUY) Sees Unusually-High Trading Volume – Should You Buy?

Shares of Air Liquide (OTCMKTS:AIQUY) saw unusually-strong trading volume on Friday. Approximately 831,705 shares were traded during trading, an increase of 200% from the average daily volume of 277,077 shares. The stock last traded at $42.61 and had previously closed at $42.55.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on AIQUY. Zacks Research cut shares of Air Liquide from a “hold” rating to a “strong sell” rating in a research report on Friday, October 30th. Mizuho upgraded shares of Air Liquide to a “strong-buy” rating in a report on Monday, August 31st. Citigroup reaffirmed a “buy” rating on shares of Air Liquide in a research report on Wednesday, July 29th. Finally, Morgan Stanley upgraded Air Liquide from an “underweight” rating to an “overweight” rating in a report on Monday, July 20th. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Air Liquide has an average rating of “Buy”.

Air Liquide Stock Up 0.1%

The company has a quick ratio of 0.68, a current ratio of 0.87 and a debt-to-equity ratio of 0.41. The business has a fifty day simple moving average of $39.17 and a 200-day simple moving average of $40.05.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of AIQUY. First Command Advisory Services Inc. lifted its position in Air Liquide by 274.6% during the 3rd quarter. First Command Advisory Services Inc. now owns 1,502 shares of the basic materials company’s stock valued at $58,000 after acquiring an additional 1,101 shares during the period. GAMMA Investing LLC grew its holdings in Air Liquide by 25.9% in the second quarter. GAMMA Investing LLC now owns 10,977 shares of the basic materials company’s stock worth $433,000 after purchasing an additional 2,259 shares during the period. Sterling Capital Management LLC increased its stake in shares of Air Liquide by 4.6% during the third quarter. Sterling Capital Management LLC now owns 13,518 shares of the basic materials company’s stock valued at $525,000 after purchasing an additional 593 shares in the last quarter. Finally, Madison Asset Management LLC increased its stake in shares of Air Liquide by 6.8% during the first quarter. Madison Asset Management LLC now owns 32,573 shares of the basic materials company’s stock valued at $1,352,000 after purchasing an additional 2,061 shares in the last quarter. 0.03% of the stock is currently owned by institutional investors.

Air Liquide Company Profile

Air Liquide is a France-based group that supplies industrial and medical gases, technologies, and services to customers around the world. Founded in 1902, the company grew from the development of technology to separate gases from air. Its products include oxygen, nitrogen, argon, hydrogen, and specialty gases, along with equipment and services for producing and managing gas supplies. Air Liquide serves a range of industries, including healthcare, electronics, chemicals, energy, and manufacturing.