Air Liquide (OTCMKTS:AIQUY) Share Price Crosses Below 50-Day Moving Average – Should You Sell?

Air Liquide (OTCMKTS:AIQUY) shares passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $41.42 and traded as low as $41.03. Air Liquide shares last traded at $41.16, with a volume of 103,277 shares.

Analyst Ratings Changes

AIQUY has been the topic of several recent analyst reports. Citigroup restated a “buy” rating on shares of Air Liquide in a research report on Wednesday, April 29th. Kepler Capital Markets upgraded shares of Air Liquide from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 31st. Finally, Zacks Research upgraded shares of Air Liquide from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 28th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Air Liquide Trading Down 3.0%

The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.90 and a current ratio of 1.14. The firm’s 50 day moving average is $41.42 and its 200-day moving average is $39.43.

Hedge Funds Weigh In On Air Liquide

An institutional investor recently raised its position in Air Liquide stock. Madison Asset Management LLC lifted its position in shares of Air Liquide (OTCMKTS:AIQUY) by 6.8% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 32,573 shares of the basic materials company’s stock after buying 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 SEC filing. Institutional investors own 0.03% 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.