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

StockNews.com initiated coverage on shares of LiqTech International (NASDAQ:LIQT) in a research note issued on Sunday. The firm set a “sell” rating on the stock.

Separately, Ascendiant Capital Markets assumed coverage on LiqTech International in a report on Monday, February 26th. They set a “buy” rating and a $5.15 price target on the stock.

LiqTech International Stock Performance

Shares of LIQT opened at $2.02 on Friday. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.93 and a quick ratio of 2.10. The firm’s 50 day moving average is $2.59 and its 200-day moving average is $3.02. LiqTech International has a 12-month low of $2.02 and a 12-month high of $4.20. The stock has a market capitalization of $11.73 million, a P/E ratio of -1.36 and a beta of 0.97.

LiqTech International (NASDAQ:LIQT) last released its quarterly earnings data on Tuesday, May 14th. The company reported ($0.41) earnings per share for the quarter. LiqTech International had a negative return on equity of 48.20% and a negative net margin of 47.02%. The company had revenue of $4.24 million for the quarter.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in LiqTech International stock. Mesirow Financial Investment Management Inc. bought a new position in LiqTech International, Inc. (NASDAQ:LIQT) during the 1st quarter, according to the company in its most recent 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. 35.06% of the stock is currently owned by institutional investors.

About LiqTech International

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.