HighTower Advisors LLC Acquires 11,043 Shares of LiqTech International, Inc. (NASDAQ:LIQT)

HighTower Advisors LLC boosted its holdings in LiqTech International, Inc. (NASDAQ:LIQT) by 40.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 38,599 shares of the company’s stock after acquiring an additional 11,043 shares during the quarter. HighTower Advisors LLC owned 0.66% of LiqTech International worth $99,000 at the end of the most recent quarter.

LiqTech International Stock Performance

NASDAQ LIQT opened at $1.73 on Friday. LiqTech International, Inc. has a 1-year low of $1.51 and a 1-year high of $3.61. The company has a 50 day moving average of $1.87 and a 200-day moving average of $2.26. 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 cap of $16.35 million, a price-to-earnings ratio of -0.95 and a beta of 1.03.

Analyst Upgrades and Downgrades

LIQT has been the topic of a number of recent research reports. Ascendiant Capital Markets decreased their price objective on 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 LiqTech International from $9.00 to $6.00 and set a “buy” rating on the stock in a research note on Thursday, October 10th. Finally, StockNews.com began coverage on LiqTech International in a research note on Thursday. They set a “sell” rating for the company.

LiqTech International 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.