LiqTech International (NASDAQ:LIQT) Coverage Initiated by Analysts at StockNews.com

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

LIQT has been the subject of a number of other research reports. Lake Street Capital lowered their target price on LiqTech International from $10.00 to $9.00 and set a “buy” rating for the company in a report on Thursday, September 5th. Ascendiant Capital Markets reaffirmed a “buy” rating and issued a $5.15 price objective on shares of LiqTech International in a research note on Monday, August 26th.

LiqTech International Trading Down 2.2 %

LIQT opened at $2.41 on Thursday. The company’s 50 day moving average is $2.65 and its 200-day moving average is $2.60. The company has a market cap of $13.97 million, a P/E ratio of -1.61 and a beta of 0.96. LiqTech International has a 1-year low of $1.90 and a 1-year high of $4.10. 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 company had revenue of $4.49 million for the quarter. LiqTech International had a negative return on equity of 57.61% and a negative net margin of 51.50%.

Institutional Trading of LiqTech International

A hedge fund recently bought a new stake in LiqTech International stock. Mesirow Financial Investment Management Inc. purchased a new stake in LiqTech International, Inc. (NASDAQ:LIQT) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 14,903 shares of the company’s stock, valued at approximately $46,000. Mesirow Financial Investment Management Inc. owned about 0.26% of LiqTech International at the end of the most recent quarter. 35.06% of the stock is owned by institutional investors and hedge funds.

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.