Air Liquide (OTCMKTS:AIQUY) Stock Price Crosses Below Fifty Day Moving Average – Here’s What Happened

Air Liquide (OTCMKTS:AIQUY) shares passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $40.84 and traded as low as $39.97. Air Liquide shares last traded at $40.07, with a volume of 266,186 shares changing hands.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Citigroup reiterated a “buy” rating on shares of Air Liquide in a research report on Wednesday, April 29th. Zacks Research upgraded Air Liquide from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 28th. Finally, Kepler Capital Markets raised shares of Air Liquide from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 31st. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Air Liquide presently has an average rating of “Buy”.

Air Liquide Trading Up 1.5%

The company has a 50-day simple moving average of $40.84 and a two-hundred day simple moving average of $39.85. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.90 and a current ratio of 1.14.

Institutional Trading of Air Liquide

An institutional investor recently raised its position in Air Liquide stock. Madison Asset Management LLC boosted its holdings in Air Liquide (OTCMKTS:AIQUY) by 6.8% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 32,573 shares of the basic materials company’s stock after acquiring an additional 2,061 shares during the period. Madison Asset Management LLC’s holdings in Air Liquide were worth $1,352,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 0.03% of the company’s stock.

Air Liquide Company Profile

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.