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

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

LIQT has been the subject of several other research reports. Ascendiant Capital Markets reduced their price target on shares of LiqTech International from $5.15 to $3.20 and set a “buy” rating for the company in a research report on Monday, November 25th. Lake Street Capital lowered their target price on 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

NASDAQ:LIQT opened at $1.68 on Thursday. LiqTech International has a 12 month low of $1.51 and a 12 month high of $3.61. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.66 and a quick ratio of 1.62. The firm has a market capitalization of $15.88 million, a PE ratio of -0.92 and a beta of 1.03. The business’s fifty day moving average price is $1.89 and its 200 day moving average price is $2.26.

Institutional Trading of LiqTech International

An institutional investor recently raised its position in LiqTech International stock. HighTower Advisors LLC lifted its stake in shares of LiqTech International, Inc. (NASDAQ:LIQT) by 40.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 38,599 shares of the company’s stock after buying an additional 11,043 shares during the quarter. HighTower Advisors LLC owned approximately 0.66% of LiqTech International worth $99,000 as of its most recent filing with the Securities and Exchange Commission. 35.06% of the stock is currently owned by institutional investors.

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.