Air Liquide (OTCMKTS:AIQUY) Sees Large Volume Increase – Here’s Why

Air Liquide (OTCMKTS:AIQUY) shares saw an uptick in trading volume on Tuesday . 837,711 shares were traded during mid-day trading, an increase of 264% from the previous session’s volume of 229,863 shares.The stock last traded at $38.43 and had previously closed at $39.09.

Analyst Ratings Changes

A number of research analysts have weighed in on AIQUY shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Air Liquide in a research note on Wednesday, October 29th. Kepler Capital Markets upgraded Air Liquide from a “strong sell” rating to a “hold” rating in a research report on Monday, October 6th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, Air Liquide presently has an average rating of “Moderate Buy”.

Air Liquide Price Performance

The business has a fifty day moving average price of $40.00 and a two-hundred day moving average price of $40.78. The company has a current ratio of 0.84, a quick ratio of 0.61 and a debt-to-equity ratio of 0.34.

Institutional Investors Weigh In On Air Liquide

A number of institutional investors have recently made changes to their positions in AIQUY. Accent Capital Management LLC purchased a new position in shares of Air Liquide during the 1st quarter worth approximately $34,000. Salomon & Ludwin LLC lifted its stake 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 purchasing an additional 1,269 shares in the last quarter. First Horizon Advisors Inc. lifted its stake in Air Liquide by 49.3% during the second quarter. First Horizon Advisors Inc. now owns 1,556 shares of the basic materials company’s stock worth $64,000 after purchasing an additional 514 shares in the last quarter. Kornitzer Capital Management Inc. KS purchased a new position in shares of Air Liquide during the second quarter worth $208,000. Finally, GAMMA Investing LLC grew its stake in shares of Air Liquide by 46.5% in the second quarter. GAMMA Investing LLC now owns 6,783 shares of the basic materials company’s stock valued at $280,000 after buying an additional 2,154 shares in the last quarter. 0.01% of the stock is currently owned by institutional investors and hedge funds.

About 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.