LiqTech International, Inc. (NASDAQ:LIQT) Shares Purchased by WealthTrust Axiom LLC

WealthTrust Axiom LLC lifted its stake in LiqTech International, Inc. (NASDAQ:LIQT) by 17.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 146,555 shares of the company’s stock after acquiring an additional 21,323 shares during the quarter. WealthTrust Axiom LLC’s holdings in LiqTech International were worth $500,000 at the end of the most recent reporting period.

Separately, Mission Wealth Management LP acquired a new position in shares of LiqTech International in the 3rd quarter worth approximately $73,000. Institutional investors and hedge funds own 35.06% of the company’s stock.

LiqTech International Stock Up 0.4 %

NASDAQ LIQT opened at $2.71 on Wednesday. The company has a quick ratio of 2.24, a current ratio of 2.95 and a debt-to-equity ratio of 0.44. The firm’s fifty day moving average price is $2.96 and its 200 day moving average price is $3.29. LiqTech International, Inc. has a 12 month low of $2.55 and a 12 month high of $4.20.

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

Analyst Upgrades and Downgrades

LIQT has been the topic of a number of research reports. StockNews.com initiated coverage on shares of LiqTech International in a report on Tuesday. They set a “sell” rating on the stock. Ascendiant Capital Markets started coverage on shares of LiqTech International in a research report on Monday, February 26th. They issued a “buy” rating and a $5.15 price objective on the stock.

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