L'Air Liquide S.A. (OTCMKTS:AIQUY - Get Free Report) was the target of a large increase in short interest during the month of May. As of May 15th, there was short interest totalling 323,000 shares, an increase of 193.4% from the April 30th total of 110,100 shares. Based on an average daily trading volume, of 754,100 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the shares of the company are short sold.
Wall Street Analyst Weigh In
Several equities analysts have recently commented on the company. JPMorgan Chase & Co. lowered L'Air Liquide from an "overweight" rating to a "neutral" rating in a report on Tuesday, April 29th. Santander initiated coverage on shares of L'Air Liquide in a research report on Tuesday. They issued a "neutral" rating on the stock. Finally, Citigroup reaffirmed a "buy" rating on shares of L'Air Liquide in a research note on Monday, March 24th.
Check Out Our Latest Research Report on L'Air Liquide
L'Air Liquide Trading Up 0.4%
AIQUY stock traded up $0.17 during midday trading on Friday, hitting $41.43. 394,738 shares of the company traded hands, compared to its average volume of 288,715. L'Air Liquide has a twelve month low of $31.68 and a twelve month high of $42.24. The company has a current ratio of 0.77, a quick ratio of 0.57 and a debt-to-equity ratio of 0.32. The business has a 50 day simple moving average of $39.76 and a 200-day simple moving average of $36.45.
L'Air Liquide Cuts Dividend
The company also recently announced a dividend, which will be paid on Thursday, June 12th. Investors of record on Monday, May 19th will be paid a $0.5257 dividend. The ex-dividend date is Friday, May 16th. This represents a yield of 1.26%.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of the company. Accent Capital Management LLC acquired a new stake in shares of L'Air Liquide in the first quarter valued at about $34,000. First Horizon Advisors Inc. boosted its stake in L'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 valued at $40,000 after purchasing an additional 286 shares during the period. GAMMA Investing LLC grew its holdings in L'Air Liquide by 52.2% in the 1st quarter. GAMMA Investing LLC now owns 4,629 shares of the basic materials company's stock valued at $176,000 after buying an additional 1,588 shares during the last quarter. SVB Wealth LLC acquired a new position in shares of L'Air Liquide during the fourth quarter worth approximately $248,000. Finally, Hancock Whitney Corp lifted its holdings in shares of L'Air Liquide by 3.2% during the first quarter. Hancock Whitney Corp now owns 17,545 shares of the basic materials company's stock worth $667,000 after buying an additional 547 shares during the last quarter. Institutional investors own 0.01% of the company's stock.
L'Air Liquide Company Profile
(
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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.
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