Kornitzer Capital Management Inc. KS Acquires Shares of 5,069 Air Liquide $AIQUY

Kornitzer Capital Management Inc. KS bought a new position in Air Liquide (OTCMKTS:AIQUY) in the 2nd quarter, Holdings Channel.com reports. The fund bought 5,069 shares of the basic materials company’s stock, valued at approximately $208,000.

Other large investors have also modified their holdings of the company. Accent Capital Management LLC acquired a new position in Air Liquide in the first quarter worth about $34,000. First Horizon Advisors Inc. lifted its holdings in Air Liquide by 37.8% during the 1st quarter. First Horizon Advisors Inc. now owns 1,042 shares of the basic materials company’s stock worth $40,000 after buying an additional 286 shares during the last quarter. GAMMA Investing LLC grew its position in shares of Air Liquide by 52.2% in the 1st quarter. GAMMA Investing LLC now owns 4,629 shares of the basic materials company’s stock worth $176,000 after acquiring an additional 1,588 shares in the last quarter. Hancock Whitney Corp increased its holdings in shares of Air Liquide by 3.2% in the 1st quarter. Hancock Whitney Corp now owns 17,545 shares of the basic materials company’s stock valued at $667,000 after acquiring an additional 547 shares during the last quarter. Finally, Corient IA LLC acquired a new stake in shares of Air Liquide during the 1st quarter valued at approximately $757,000. Institutional investors own 0.01% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Kepler Capital Markets raised shares of Air Liquide from a “strong sell” rating to a “hold” rating in a report on Monday, October 6th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, Air Liquide currently has a consensus rating of “Moderate Buy”.

Air Liquide Stock Performance

Shares of OTCMKTS AIQUY opened at $39.92 on Monday. Air Liquide has a 12-month low of $31.68 and a 12-month high of $43.12. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.84 and a quick ratio of 0.61. The stock’s 50 day simple moving average is $40.93 and its 200 day simple moving average is $40.86.

Air Liquide Company Profile

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.