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

Air Liquide (OTCMKTS:AIQUY) has received an average rating of “Moderate Buy” from the six ratings firms that are currently covering the firm, Marketbeat.com reports. Three 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.

Several equities research analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Air Liquide in a report on Wednesday, October 29th. Kepler Capital Markets upgraded Air Liquide from a “strong sell” rating to a “hold” rating in a research report on Monday, October 6th.

Institutional Investors Weigh In On Air Liquide

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Salomon & Ludwin LLC raised its position in shares of 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 buying an additional 1,269 shares during the last quarter. First Horizon Advisors Inc. raised its holdings in Air Liquide by 49.3% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,556 shares of the basic materials company’s stock valued at $64,000 after acquiring an additional 514 shares during the last quarter. Kornitzer Capital Management Inc. KS purchased a new position in Air Liquide in the 2nd quarter worth approximately $208,000. GAMMA Investing LLC boosted its holdings in shares of Air Liquide by 46.5% during the 2nd quarter. GAMMA Investing LLC now owns 6,783 shares of the basic materials company’s stock worth $280,000 after purchasing an additional 2,154 shares during the last quarter. Finally, Hancock Whitney Corp grew its position in shares of 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 in the last quarter. Institutional investors and hedge funds own 0.02% of the company’s stock.

Air Liquide Stock Down 0.3%

AIQUY opened at $37.32 on Thursday. The firm’s fifty day simple moving average is $38.79 and its two-hundred day simple moving average is $40.29. Air Liquide has a 52-week low of $31.68 and a 52-week high of $43.12. The company has a quick ratio of 0.61, a current ratio of 0.84 and a debt-to-equity ratio of 0.34.

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.