Kepler Capital Markets upgraded shares of Air Liquide (OTCMKTS:AIQUY – Free Report) from a hold rating to a strong-buy rating in a report published on Tuesday,Zacks.com reports.
Air Liquide Stock Down 0.1%
Shares of AIQUY opened at $41.66 on Tuesday. Air Liquide has a 12-month low of $34.76 and a 12-month high of $43.12. The business’s fifty day moving average is $39.61 and its 200 day moving average is $39.04. The company has a current ratio of 1.14, a quick ratio of 0.90 and a debt-to-equity ratio of 0.37.
Institutional Investors Weigh In On Air Liquide
Several institutional investors and hedge funds have recently added to or reduced their stakes in AIQUY. Rhumbline Advisers boosted its stake in shares of Air Liquide by 0.4% in the 2nd quarter. Rhumbline Advisers now owns 70,948 shares of the basic materials company’s stock worth $2,931,000 after buying an additional 314 shares during the last quarter. GAMMA Investing LLC grew its holdings 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 valued at $324,000 after acquiring an additional 1,039 shares in the last quarter. Finally, Salomon & Ludwin LLC lifted its holdings in Air Liquide by 1,692.0% during the third quarter. Salomon & Ludwin LLC now owns 1,344 shares of the basic materials company’s stock worth $54,000 after acquiring an additional 1,269 shares during the period. Hedge funds and other institutional investors own 0.04% of the company’s stock.
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.
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