LiqTech International (NASDAQ:LIQT) Receives New Coverage from Analysts at StockNews.com

StockNews.com initiated coverage on shares of LiqTech International (NASDAQ:LIQT) in a report published on Sunday. The firm issued a sell rating on the stock.

A number of other research firms have also recently weighed in on LIQT. Ascendiant Capital Markets reiterated a buy rating and issued a $5.15 target price on shares of LiqTech International in a research note on Monday, August 26th. Lake Street Capital dropped their target price on shares of LiqTech International from $10.00 to $9.00 and set a buy rating on the stock in a research note on Thursday, September 5th.

LiqTech International Stock Down 3.0 %

LiqTech International stock opened at $2.90 on Friday. LiqTech International has a fifty-two week low of $1.90 and a fifty-two week high of $4.20. The stock has a market cap of $16.84 million, a PE ratio of -1.95 and a beta of 0.96. The firm’s 50-day simple moving average is $2.45 and its 200 day simple moving average is $2.63. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.85 and a current ratio of 2.74.

LiqTech International (NASDAQ:LIQT) last released its quarterly earnings results on Wednesday, August 14th. The company reported ($0.36) earnings per share for the quarter. LiqTech International had a negative return on equity of 57.61% and a negative net margin of 51.50%. The firm had revenue of $4.49 million for the quarter.

Institutional Trading of LiqTech International

An institutional investor recently bought a new position in LiqTech International stock. Mesirow Financial Investment Management Inc. purchased a new stake in LiqTech International, Inc. (NASDAQ:LIQT) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 14,903 shares of the company’s stock, valued at approximately $46,000. Mesirow Financial Investment Management Inc. owned 0.26% of LiqTech International as of its most recent SEC filing. Hedge funds and other institutional investors own 35.06% of the company’s 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.