Air Liquide (OTCMKTS:AIQUY) Stock Rating Upgraded by Mizuho

Air Liquide (OTCMKTS:AIQUY) was upgraded by stock analysts at Mizuho to a “strong-buy” rating in a report released on Monday, Zacks reports.

Several other equities research analysts also recently weighed in on the company. Citigroup reissued a “buy” rating on shares of Air Liquide in a report on Wednesday, July 29th. Morgan Stanley raised Air Liquide from an “underweight” rating to an “overweight” rating in a report on Monday, July 20th. Finally, Zacks Research upgraded Air Liquide from a “strong sell” rating to a “hold” rating in a research report on Wednesday, July 29th. Two equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Buy”.

Air Liquide Trading Up 1.8%

OTCMKTS AIQUY opened at $40.02 on Monday. The firm’s fifty day moving average price is $39.65 and its two-hundred day moving average price is $40.50. The company has a quick ratio of 0.90, a current ratio of 1.14 and a debt-to-equity ratio of 0.37. Air Liquide has a fifty-two week low of $32.88 and a fifty-two week high of $41.24.

Hedge Funds Weigh In On Air Liquide

A hedge fund recently bought a new position in Air Liquide stock. Madison Asset Management LLC purchased a new position in shares of Air Liquide (OTCMKTS:AIQUY) during 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 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.