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

Analysts at StockNews.com started coverage on shares of LiqTech International (NASDAQ:LIQT) in a report released on Wednesday. The firm set a “sell” rating on the stock.

Separately, Ascendiant Capital Markets started coverage on shares of LiqTech International in a research note on Monday, February 26th. They set a “buy” rating and a $5.15 price objective for the company.

LiqTech International Stock Up 2.7 %

LiqTech International stock opened at $2.64 on Wednesday. The company has a 50-day simple moving average of $3.00 and a 200-day simple moving average of $3.32. The firm has a market capitalization of $15.33 million, a P/E ratio of -1.78 and a beta of 0.73. The company has a debt-to-equity ratio of 0.44, a quick ratio of 2.24 and a current ratio of 2.95. LiqTech International has a one year low of $2.55 and a one year high of $4.20.

LiqTech International (NASDAQ:LIQT) last announced its earnings results on Thursday, March 21st. The company reported ($0.56) earnings per share (EPS) for the quarter. LiqTech International had a negative net margin of 47.61% and a negative return on equity of 43.92%. The company had revenue of $3.93 million during the quarter.

Hedge Funds Weigh In On LiqTech International

A hedge fund recently raised its stake in LiqTech International stock. WealthTrust Axiom LLC raised its stake in shares of LiqTech International, Inc. (NASDAQ:LIQT) by 17.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 146,555 shares of the company’s stock after purchasing an additional 21,323 shares during the period. WealthTrust Axiom LLC owned 2.56% of LiqTech International worth $500,000 as of its most recent SEC filing. 35.06% of the stock is owned by institutional investors and hedge funds.

About LiqTech International

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. It operates in three segments: Water, Ceramics, and Plastics.