Air Liquide (OTCMKTS:AIQUY) Shares Gap Up – Here’s What Happened

Air Liquide (OTCMKTS:AIQUY) shares gapped up prior to trading on Friday . The stock had previously closed at $39.0660, but opened at $40.96. Air Liquide shares last traded at $40.89, with a volume of 3,798 shares.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Air Liquide in a report on Wednesday, October 29th. Two equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

Air Liquide Stock Performance

The stock has a 50-day moving average price of $37.95 and a two-hundred day moving average price of $39.29. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.61 and a current ratio of 0.84.

Hedge Funds Weigh In On Air Liquide

Hedge funds have recently modified their holdings of the company. Salomon & Ludwin LLC raised its position in shares of Air Liquide by 1,692.0% during the 3rd quarter. Salomon & Ludwin LLC now owns 1,344 shares of the basic materials company’s stock valued at $54,000 after purchasing an additional 1,269 shares during the period. First Horizon Advisors Inc. raised its holdings in Air Liquide by 49.3% during the second 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 period. Kornitzer Capital Management Inc. KS purchased a new position in shares of Air Liquide in the second quarter valued at about $208,000. GAMMA Investing LLC boosted its stake in shares of Air Liquide by 15.3% in the third quarter. GAMMA Investing LLC now owns 7,822 shares of the basic materials company’s stock worth $324,000 after acquiring an additional 1,039 shares during the period. Finally, Moloney Securities Asset Management LLC grew its position in shares of Air Liquide by 10.5% during the second quarter. Moloney Securities Asset Management LLC now owns 31,552 shares of the basic materials company’s stock worth $1,297,000 after purchasing an additional 3,000 shares in the last quarter. 0.03% of the stock is currently owned by institutional investors.

About Air Liquide

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.