Air Liquide (OTCMKTS:AIQUY) Sees Large Volume Increase - Should You Buy?

Air Liquide (OTCMKTS:AIQUY - Get Free Report) shares saw unusually-strong trading volume on Tuesday . Approximately 862,458 shares changed hands during trading, an increase of 221% from the previous session's volume of 268,263 shares.The stock last traded at $40.07 and had previously closed at $40.05.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on AIQUY shares. Santander initiated coverage on Air Liquide in a report on Tuesday, May 27th. They set a "neutral" rating for the company. JPMorgan Chase & Co. downgraded Air Liquide from an "overweight" rating to a "neutral" rating in a report on Tuesday, April 29th.

Air Liquide Price Performance

The company's 50-day simple moving average is $41.30 and its 200-day simple moving average is $38.80. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.88 and a quick ratio of 0.65.

Air Liquide Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, June 12th. Shareholders of record on Monday, May 19th were issued a $0.5257 dividend. The ex-dividend date of this dividend was Friday, May 16th. This represents a yield of 1.26%.

Institutional Trading of Air Liquide

Several large investors have recently modified their holdings of the business. Boston Common Asset Management LLC boosted its stake in Air Liquide by 72.8% during the 1st quarter. Boston Common Asset Management LLC now owns 108,298 shares of the basic materials company's stock valued at $4,098,000 after acquiring an additional 45,612 shares during the last quarter. GAMMA Investing LLC raised its stake in shares of Air Liquide by 5,687.4% in the 1st quarter. GAMMA Investing LLC now owns 175,995 shares of the basic materials company's stock valued at $6,691,000 after purchasing an additional 172,954 shares in the last quarter. Rhumbline Advisers lifted its position in shares of Air Liquide by 14.7% during the first quarter. Rhumbline Advisers now owns 70,634 shares of the basic materials company's stock worth $2,686,000 after purchasing an additional 9,055 shares during the last quarter. First Horizon Advisors Inc. grew its stake in Air Liquide by 37.8% in the first quarter. First Horizon Advisors Inc. now owns 1,042 shares of the basic materials company's stock worth $40,000 after purchasing an additional 286 shares in the last quarter. Finally, Accent Capital Management LLC bought a new position in Air Liquide during the 1st quarter worth approximately $34,000. 0.01% of the stock is currently owned by institutional investors and hedge funds.

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.