LiqTech International (NASDAQ:LIQT) Research Coverage Started at StockNews.com

StockNews.com assumed coverage on shares of LiqTech International (NASDAQ:LIQT) in a research report sent to investors on Thursday morning. The brokerage issued a sell rating on the stock.

A number of other equities analysts have also recently weighed in on the company. Ascendiant Capital Markets reiterated a buy rating and set a $5.15 price target on shares of LiqTech International in a report on Monday, August 26th. Lake Street Capital lowered their target price on shares of LiqTech International from $10.00 to $9.00 and set a buy rating for the company in a research note on Thursday, September 5th.

LiqTech International Trading Up 3.3 %

Shares of LIQT stock opened at $2.48 on Thursday. LiqTech International has a twelve month low of $1.90 and a twelve month high of $4.10. The stock has a market cap of $14.40 million, a price-to-earnings ratio of -1.66 and a beta of 0.94. The company’s 50-day moving average price is $2.67 and its 200-day moving average price is $2.59. The company has a current ratio of 2.74, a quick ratio of 1.85 and a debt-to-equity ratio of 0.55.

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

Institutional Inflows and Outflows

An institutional investor recently bought a new position in LiqTech International stock. Mesirow Financial Investment Management Inc. bought a new stake in shares of LiqTech International, Inc. (NASDAQ:LIQT) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 14,903 shares of the company’s stock, valued at approximately $46,000. Mesirow Financial Investment Management Inc. owned 0.26% of LiqTech International at the end of the most recent reporting period. Hedge funds and other 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.