Air Liquide (OTCMKTS:AIQUY) Hits New 1-Year High - Still a Buy?

Key Points

• Air Liquide hit a new 52-week high, trading as high as $43.48 (last $43.44) on light volume of about 4,691 shares.
• Analyst sentiment is mixed—one Strong Buy, one Buy, two Holds and one Sell—giving the stock an average rating of "Hold", with recent divergent notes from Zacks (cut to Strong Sell) and Kepler (upgraded to Strong Buy).
• Key fundamentals show a current ratio of 1.14, quick ratio of 0.90 and debt-to-equity of 0.37, 50-day/200-day moving averages near $40, and minimal institutional ownership (about 0.04%), though Salomon & Ludwin recently increased a small stake.

Air Liquide (OTCMKTS:AIQUY - Get Free Report)'s stock price hit a new 52-week high on Thursday . The stock traded as high as $43.48 and last traded at $43.44, with a volume of 4691 shares trading hands. The stock had previously closed at $42.38.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the stock. Zacks Research cut shares of Air Liquide from a "hold" rating to a "strong sell" rating in a report on Monday, March 30th. Kepler Capital Markets upgraded shares of Air Liquide from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, March 31st. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold".

Air Liquide Stock Performance

The company has a current ratio of 1.14, a quick ratio of 0.90 and a debt-to-equity ratio of 0.37. The business's 50-day moving average price is $40.00 and its 200-day moving average price is $39.05.

Hedge Funds Weigh In On Air Liquide

A hedge fund recently raised its stake in Air Liquide stock. Salomon & Ludwin LLC boosted its position in Air Liquide (OTCMKTS:AIQUY - Free Report) by 1,692.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,344 shares of the basic materials company's stock after buying an additional 1,269 shares during the period. Salomon & Ludwin LLC's holdings in Air Liquide were worth $54,000 as of its most recent SEC filing. 0.04% of the stock is owned by hedge funds and other institutional investors.

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.

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