Air Liquide (OTCMKTS:AIQUY) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Air Liquide (OTCMKTS:AIQUY) have been assigned an average recommendation of “Moderate Buy” from the six analysts that are covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has issued a strong buy recommendation on the company.

AIQUY has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Air Liquide in a report on Wednesday. Kepler Capital Markets upgraded Air Liquide from a “strong sell” rating to a “hold” rating in a research report on Monday, October 6th.

Institutional Trading of Air Liquide

Several institutional investors and hedge funds have recently made changes to their positions in the business. First Horizon Advisors Inc. lifted its position in shares of Air Liquide by 37.8% during the first quarter. First Horizon Advisors Inc. now owns 1,042 shares of the basic materials company’s stock worth $40,000 after purchasing an additional 286 shares during the last quarter. Rhumbline Advisers increased its stake in shares of Air Liquide by 0.4% during the second quarter. Rhumbline Advisers now owns 70,948 shares of the basic materials company’s stock valued at $2,931,000 after buying an additional 314 shares during the period. Hancock Whitney Corp grew its stake in Air Liquide by 3.2% in the first quarter. Hancock Whitney Corp now owns 17,545 shares of the basic materials company’s stock valued at $667,000 after purchasing an additional 547 shares during the last quarter. Accent Capital Management LLC purchased a new position in Air Liquide in the first quarter valued at about $34,000. Finally, GAMMA Investing LLC grew its stake in Air Liquide by 15.3% in the third 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 last quarter. 0.01% of the stock is currently owned by institutional investors.

Air Liquide Stock Down 1.5%

Air Liquide stock opened at $38.67 on Wednesday. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.84 and a quick ratio of 0.61. Air Liquide has a 12-month low of $31.68 and a 12-month high of $43.12. The firm has a 50 day moving average of $40.63 and a 200 day moving average of $40.89.

Air Liquide Company Profile

L'Air Liquide SA provides gases, technologies, and services for the industrial and health sectors in Europe, the Americas, the Asia Pacific, the Middle East, and Africa. It operates in Gas & Services, Engineering & Construction, and Global Markets & Technologies segments. The Gas & Services segment comprises large industries business, which offers gas and energy solutions including oxygen, nitrogen, argon, hydrogen, and carbon monoxide, as well as operates cogeneration plants to supply steam and electricity to metals, chemicals, refining, and energy industries; and industrial merchant business line provides industrial gases, equipment, hardgoods, and associated services to materials and energy, automotive and manufacturing, food and pharmaceuticals, technology and research, and craftsmen and retail sectors.