Air Liquide SA (AIQUY) Lowered to Sell at Zacks Investment Research
Air Liquide SA (NASDAQ:AIQUY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued to investors on Tuesday.
According to Zacks, “Air Liquide’s core business is to supply oxygen, nitrogen, hydrogen and many other gases and services to most industries (for example: steel, oil refining, chemicals, glass, electronics, healthcare, food processing, metallurgy, paper and aerospace). Their global presence (130 subsidiaries in more than 65 countries) allows them to combine the resources and expertise of a global enterprise with a powerful local presence based on independent customer-focused teams. “
Shares of Air Liquide SA (NASDAQ:AIQUY) traded up 0.79% during mid-day trading on Tuesday, reaching $20.47. The company’s stock had a trading volume of 120,391 shares. Air Liquide SA has a 12 month low of $19.33 and a 12 month high of $27.53. The firm has a market cap of $35.25 billion and a price-to-earnings ratio of 18.45. The company’s 50-day moving average is $21.70 and its 200 day moving average is $21.54.
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A hedge fund recently raised its stake in Air Liquide SA stock. Parametric Portfolio Associates LLC boosted its stake in Air Liquide SA (NASDAQ:AIQUY) by 14.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 686,857 shares of the company’s stock after buying an additional 84,462 shares during the period. Parametric Portfolio Associates LLC’s holdings in Air Liquide SA were worth $14,445,000 at the end of the most recent reporting period.
About Air Liquide SA
AIR LIQUIDE, SA is a provider of gases, technologies and services to a range of industries, such as steel industry, food and beverage, electronics or pharmaceuticals. The Company classifies its activities as Gas and Services, Engineering and Technology, and Other Activities. Its Gas and Services activities supplies a range of gases, application equipment and associated services to technology, research, materials, energy, automotive, manufacturing, food, pharmaceuticals, craftsmen, and network industries.
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