Air Liquide (OTCMKTS:AIQUY) Stock Price Crosses Below Fifty Day Moving Average – Time to Sell?

Air Liquide (OTCMKTS:AIQUY)’s stock price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $40.84 and traded as low as $39.97. Air Liquide shares last traded at $40.07, with a volume of 266,186 shares.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on AIQUY shares. Zacks Research upgraded Air Liquide from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 28th. Citigroup reaffirmed a “buy” rating on shares of Air Liquide in a report on Wednesday, April 29th. Finally, Kepler Capital Markets upgraded Air Liquide from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 31st. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Buy”.

Air Liquide Price 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 stock has a fifty day simple moving average of $40.84 and a two-hundred day simple moving average of $39.85.

Hedge Funds Weigh In On Air Liquide

An institutional investor recently raised its stake in Air Liquide stock. Madison Asset Management LLC lifted its stake in shares of Air Liquide (OTCMKTS:AIQUY) by 6.8% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 32,573 shares of the basic materials company’s stock after buying an additional 2,061 shares during the quarter. Madison Asset Management LLC’s holdings in Air Liquide were worth $1,352,000 as of its most recent filing with the Securities & Exchange Commission. 0.03% of the stock is currently owned by institutional investors and hedge funds.

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.