Air Liquide (OTCMKTS:AIQUY) Receives Average Recommendation of “Buy” from Brokerages

Shares of Air Liquide (OTCMKTS:AIQUY) have received an average rating of “Buy” from the six research firms that are presently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation, three have assigned a buy recommendation and two have assigned a strong buy recommendation to the company.

Several research firms have weighed in on AIQUY. Zacks Research raised Air Liquide from a “strong sell” rating to a “hold” rating in a research report on Wednesday, July 29th. Morgan Stanley raised shares of Air Liquide from an “underweight” rating to an “overweight” rating in a research note on Monday, July 20th. Mizuho upgraded shares of Air Liquide to a “strong-buy” rating in a report on Monday, August 31st. Finally, Citigroup reaffirmed a “buy” rating on shares of Air Liquide in a research note on Wednesday, July 29th.

Institutional Trading of Air Liquide

An institutional investor recently bought a new position in Air Liquide stock. Madison Asset Management LLC purchased a new position in Air Liquide (OTCMKTS:AIQUY) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 35,520 shares of the basic materials company’s stock, valued at approximately $1,402,000. Institutional investors and hedge funds own 0.03% of the company’s stock.

Air Liquide Stock Performance

AIQUY stock opened at $38.27 on Friday. The business’s fifty day moving average price is $39.11 and its 200 day moving average price is $40.27. Air Liquide has a 12-month low of $32.88 and a 12-month high of $41.24. The company has a current ratio of 0.87, a quick ratio of 0.68 and a debt-to-equity ratio of 0.41.

About Air Liquide

Air Liquide is a France-based industrial gases and healthcare company that supplies essential gases, technologies and services to customers across a range of industries. Its products include oxygen, nitrogen, hydrogen, argon, carbon dioxide and specialty gases used in manufacturing, chemicals, electronics, energy, food processing and research.

The company also provides medical gases, equipment and services for hospitals and healthcare providers, as well as home healthcare solutions for patients with respiratory conditions.