StockNews.com Begins Coverage on LiqTech International (NASDAQ:LIQT)

StockNews.com started coverage on shares of LiqTech International (NASDAQ:LIQT) in a report released on Saturday. The brokerage set a “sell” rating on the stock.

LiqTech International Stock Down 4.1 %

LIQT opened at $2.34 on Friday. The company has a market cap of $13.60 million, a PE ratio of -1.57 and a beta of 0.97. LiqTech International has a twelve month low of $1.90 and a twelve month high of $4.20. The company has a 50-day moving average price of $2.56 and a 200 day moving average price of $2.98. The company has a quick ratio of 2.10, a current ratio of 2.93 and a debt-to-equity ratio of 0.47.

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

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in LiqTech International stock. Mesirow Financial Investment Management Inc. acquired a new position in shares of LiqTech International, Inc. (NASDAQ:LIQT) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 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 as of its most recent filing with the Securities & Exchange Commission. 35.06% of the stock is owned by institutional investors and hedge funds.

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.