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L'Air Liquide (OTCMKTS:AIQUY) Reaches New 52-Week Low - Here's What Happened

L'Air Liquide logo with Basic Materials background

L'Air Liquide S.A. (OTCMKTS:AIQUY - Get Free Report) hit a new 52-week low on Thursday . The company traded as low as $31.69 and last traded at $31.85, with a volume of 198499 shares changing hands. The stock had previously closed at $32.25.

L'Air Liquide Stock Performance

The company has a 50-day moving average of $33.74 and a 200-day moving average of $35.53.

Institutional Investors Weigh In On L'Air Liquide

Institutional investors and hedge funds have recently bought and sold shares of the business. Kornitzer Capital Management Inc. KS acquired a new stake in L'Air Liquide in the third quarter worth $202,000. Hancock Whitney Corp increased its holdings in shares of L'Air Liquide by 8.7% in the 3rd quarter. Hancock Whitney Corp now owns 16,872 shares of the basic materials company's stock worth $652,000 after acquiring an additional 1,356 shares during the period. Moloney Securities Asset Management LLC lifted its position in L'Air Liquide by 7.4% in the 3rd quarter. Moloney Securities Asset Management LLC now owns 38,951 shares of the basic materials company's stock valued at $1,506,000 after purchasing an additional 2,667 shares during the last quarter. Rhumbline Advisers boosted its stake in L'Air Liquide by 20.5% during the 2nd quarter. Rhumbline Advisers now owns 54,408 shares of the basic materials company's stock valued at $1,885,000 after purchasing an additional 9,268 shares during the period. Finally, Boston Common Asset Management LLC grew its position in L'Air Liquide by 7.2% in the 3rd quarter. Boston Common Asset Management LLC now owns 70,804 shares of the basic materials company's stock worth $2,738,000 after purchasing an additional 4,726 shares during the last quarter. Institutional investors and hedge funds own 0.01% of the company's stock.

L'Air Liquide Company Profile

(Get Free Report)

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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