L’Air Liquide (OTCMKTS:AIQUY) Downgraded by JPMorgan Chase & Co. to Neutral

L’Air Liquide (OTCMKTS:AIQUY) was downgraded by investment analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a report released on Tuesday,Briefing.com Automated Import reports.

A number of other equities analysts have also issued reports on AIQUY. Redburn Atlantic raised shares of L’Air Liquide from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 24th. Citigroup restated a “buy” rating on shares of L’Air Liquide in a report on Monday, March 24th.

L’Air Liquide Stock Up 0.3 %

Shares of AIQUY stock opened at $40.72 on Tuesday. L’Air Liquide has a twelve month low of $31.68 and a twelve month high of $40.88. The stock has a fifty day simple moving average of $38.31 and a two-hundred day simple moving average of $35.64. The company has a current ratio of 0.77, a quick ratio of 0.57 and a debt-to-equity ratio of 0.32.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. GAMMA Investing LLC raised its holdings in L’Air Liquide by 5,687.4% during the first quarter. GAMMA Investing LLC now owns 175,995 shares of the basic materials company’s stock worth $6,691,000 after purchasing an additional 172,954 shares during the last quarter. Boston Common Asset Management LLC grew its position in L’Air Liquide by 72.8% during the first quarter. Boston Common Asset Management LLC now owns 108,298 shares of the basic materials company’s stock valued at $4,098,000 after acquiring an additional 45,612 shares during the period. Madison Investment Advisors LLC purchased a new stake in L’Air Liquide during the fourth quarter valued at about $1,147,000. Rhumbline Advisers boosted its position in shares of L’Air Liquide by 14.7% in the first quarter. Rhumbline Advisers now owns 70,634 shares of the basic materials company’s stock worth $2,686,000 after buying an additional 9,055 shares during the period. Finally, SVB Wealth LLC purchased a new stake in shares of L’Air Liquide in the fourth quarter worth about $248,000. 0.01% of the stock is currently owned by institutional investors and hedge funds.

About L’Air Liquide

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.