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

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

Other research analysts have also issued research reports about the stock. Ascendiant Capital Markets decreased their target price on shares of LiqTech International from $5.15 to $3.20 and set a “buy” rating on the stock in a research report on Monday, November 25th. Lake Street Capital reduced their price target on LiqTech International from $9.00 to $6.00 and set a “buy” rating on the stock in a research report on Thursday, October 10th.

LiqTech International Stock Down 1.7 %

LIQT opened at $1.84 on Wednesday. The stock has a fifty day moving average of $1.84 and a 200-day moving average of $2.24. The company has a market capitalization of $17.41 million, a P/E ratio of -1.01 and a beta of 1.03. LiqTech International has a fifty-two week low of $1.51 and a fifty-two week high of $3.61. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.62 and a current ratio of 2.66.

Institutional Investors Weigh In On LiqTech International

An institutional investor recently raised its position in LiqTech International stock. HighTower Advisors LLC lifted its position in shares of LiqTech International, Inc. (NASDAQ:LIQT) by 40.1% in the third 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 acquiring an additional 11,043 shares during the period. 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 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.