HighTower Advisors LLC Grows Position in LiqTech International, Inc. (NASDAQ:LIQT)

HighTower Advisors LLC raised its stake in shares of LiqTech International, Inc. (NASDAQ:LIQT) by 49.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 57,599 shares of the company’s stock after purchasing an additional 19,000 shares during the quarter. HighTower Advisors LLC owned about 0.61% of LiqTech International worth $106,000 at the end of the most recent reporting period.

LiqTech International Trading Up 6.6 %

LiqTech International stock opened at $1.56 on Friday. The stock has a 50-day moving average price of $1.59 and a 200 day moving average price of $1.88. The company has a market capitalization of $14.99 million, a price-to-earnings ratio of -0.86 and a beta of 0.93. LiqTech International, Inc. has a 52 week low of $1.34 and a 52 week high of $3.20. The company has a quick ratio of 1.62, a current ratio of 2.66 and a debt-to-equity ratio of 0.60.

LiqTech International (NASDAQ:LIQT) last announced its quarterly earnings data on Friday, March 28th. The company reported ($0.39) EPS for the quarter, missing the consensus estimate of ($0.37) by ($0.02). The business had revenue of $3.80 million for the quarter, compared to analyst estimates of $3.80 million. LiqTech International had a negative net margin of 69.76% and a negative return on equity of 76.05%. Sell-side analysts anticipate that LiqTech International, Inc. will post -1.64 EPS for the current year.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on LiqTech International in a research report on Thursday. They issued a “sell” rating on the stock.

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.