LiqTech International (NASDAQ:LIQT) Now Covered by StockNews.com

Equities researchers at StockNews.com began coverage on shares of LiqTech International (NASDAQ:LIQT) in a research report issued to clients and investors on Saturday. The firm set a “sell” rating on the stock.

Several other analysts have also issued reports on the stock. Lake Street Capital lowered their price target on shares of LiqTech International from $10.00 to $9.00 and set a “buy” rating on the stock in a research report on Thursday, September 5th. Ascendiant Capital Markets reissued a “buy” rating and issued a $5.15 price target on shares of LiqTech International in a research note on Monday, August 26th.

LiqTech International Stock Performance

NASDAQ:LIQT opened at $3.19 on Friday. LiqTech International has a twelve month low of $1.90 and a twelve month high of $4.10. The company has a quick ratio of 1.85, a current ratio of 2.74 and a debt-to-equity ratio of 0.55. The firm has a market capitalization of $18.52 million, a P/E ratio of -2.14 and a beta of 0.95. The company has a fifty day moving average of $2.54 and a 200-day moving average of $2.62.

LiqTech International (NASDAQ:LIQT) last issued its quarterly earnings data on Wednesday, August 14th. The company reported ($0.36) earnings per share (EPS) for the quarter. LiqTech International had a negative net margin of 51.50% and a negative return on equity of 57.61%. The business had revenue of $4.49 million for the quarter.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in LiqTech International stock. Mesirow Financial Investment Management Inc. purchased a new stake in shares of LiqTech International, Inc. (NASDAQ:LIQT) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 14,903 shares of the company’s stock, valued at approximately $46,000. Mesirow Financial Investment Management Inc. owned approximately 0.26% of LiqTech International at the end of the most recent reporting period. Institutional investors own 35.06% of the company’s stock.

LiqTech International Company Profile

LiqTech International, Inc, a clean technology company, designs, develops, produces, markets, and sells automated filtering systems, ceramic silicon carbide liquid applications, and diesel particulate air filters in the United States, Canada, Europe, Asia, and South America. The company operates through Water, Ceramics, and Plastics segments.