L’Air Liquide S.A. (OTCMKTS:AIQUY – Get Rating) saw a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 58,400 shares, an increase of 5,740.0% from the May 31st total of 1,000 shares. Based on an average daily volume of 459,400 shares, the days-to-cover ratio is currently 0.1 days.
Several equities research analysts recently commented on the company. Kepler Capital Markets lowered L’Air Liquide from a “buy” rating to a “hold” rating in a research report on Wednesday, March 30th. UBS Group upped their price target on L’Air Liquide from €157.27 ($167.31) to €160.91 ($171.18) and gave the stock a “buy” rating in a research note on Tuesday, April 5th. Barclays upped their price target on L’Air Liquide from €168.18 ($178.92) to €170.00 ($180.85) in a research note on Friday, April 22nd. Morgan Stanley dropped their price target on L’Air Liquide from €140.91 ($149.90) to €135.00 ($143.62) and set an “equal weight” rating on the stock in a research note on Tuesday, June 21st. Finally, Credit Suisse Group started coverage on L’Air Liquide in a research note on Tuesday, April 26th. They set an “outperform” rating on the stock. Three investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $155.00.
Hedge funds have recently added to or reduced their stakes in the company. Private Capital Group LLC grew its holdings in shares of L’Air Liquide by 14.9% in the fourth quarter. Private Capital Group LLC now owns 3,999 shares of the basic materials company’s stock valued at $139,000 after acquiring an additional 520 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of L’Air Liquide by 4.7% in the first quarter. PNC Financial Services Group Inc. now owns 12,239 shares of the basic materials company’s stock valued at $433,000 after acquiring an additional 546 shares in the last quarter. Captrust Financial Advisors grew its holdings in shares of L’Air Liquide by 44.8% in the first quarter. Captrust Financial Advisors now owns 14,588 shares of the basic materials company’s stock valued at $510,000 after acquiring an additional 4,512 shares in the last quarter. Hancock Whitney Corp grew its holdings in shares of L’Air Liquide by 2.7% in the fourth quarter. Hancock Whitney Corp now owns 18,233 shares of the basic materials company’s stock valued at $635,000 after acquiring an additional 483 shares in the last quarter. Finally, SVB Wealth LLC grew its holdings in shares of L’Air Liquide by 69.6% in the first quarter. SVB Wealth LLC now owns 26,780 shares of the basic materials company’s stock valued at $936,000 after acquiring an additional 10,986 shares in the last quarter. 0.02% of the stock is owned by institutional investors.
What’s the highest-yielding stock you’ve ever owned? The dividends for these stocks have risen so fast over the years that they’re now yielding us an average of 26%!
When you start getting paid 26% on your money, your financial problems tend to pretty much evaporate.
Shares of L’Air Liquide stock traded down $0.34 on Tuesday, hitting $28.22. The company had a trading volume of 255,075 shares, compared to its average volume of 371,217. L’Air Liquide has a 1 year low of $26.88 and a 1 year high of $32.99. The stock has a 50 day moving average of $30.37 and a 200-day moving average of $30.80. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.70 and a current ratio of 0.89.
The firm also recently announced a dividend, which was paid on Thursday, June 9th. Stockholders of record on Friday, May 13th were issued a $0.449 dividend. This represents a dividend yield of 1.46%. The ex-dividend date of this dividend was Thursday, May 12th.
About L’Air Liquide (Get Rating)
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. The company’s Gas & Services segment offers oxygen, nitrogen, argon, hydrogen, and carbon monoxide to the metals, chemicals, refining, and energy sectors; and gases, application equipment, and associated services to the materials and energy, automotive and manufacturing, food and pharmaceuticals, technology and research, and craftsmen and retail sectors.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]
Should you invest $1,000 in L’Air Liquide right now?
Before you consider L’Air Liquide, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and L’Air Liquide wasn’t on the list.
While L’Air Liquide currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
Source: marketbeat.com
