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

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

Several other equities analysts also recently commented on LIQT. Ascendiant Capital Markets lowered their target price on shares of LiqTech International from $5.15 to $3.20 and set a “buy” rating on the stock in a report on Monday, November 25th. Lake Street Capital decreased their price target on shares of LiqTech International from $9.00 to $6.00 and set a “buy” rating on the stock in a research note on Thursday, October 10th.

LiqTech International Stock Performance

Shares of NASDAQ LIQT opened at $2.11 on Friday. The firm has a 50 day moving average of $2.00 and a 200 day moving average of $2.33. The company has a current ratio of 2.66, a quick ratio of 1.62 and a debt-to-equity ratio of 0.60. The firm has a market capitalization of $19.94 million, a price-to-earnings ratio of -1.16 and a beta of 1.03. LiqTech International has a 12-month low of $1.51 and a 12-month high of $3.61.

Institutional Trading of LiqTech International

A hedge fund recently raised its stake in LiqTech International stock. HighTower Advisors LLC increased its holdings in LiqTech International, Inc. (NASDAQ:LIQT) by 40.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 38,599 shares of the company’s stock after buying an additional 11,043 shares during the quarter. HighTower Advisors LLC owned about 0.66% of LiqTech International worth $99,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 35.06% of the company’s stock.

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.