LiqTech International (NASDAQ:LIQT) Research Coverage Started at StockNews.com

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

Separately, Ascendiant Capital Markets started coverage on LiqTech International in a report on Monday, February 26th. They set a buy rating and a $5.15 price target for the company.

LiqTech International Trading Up 0.4 %

LIQT opened at $2.72 on Tuesday. The company has a quick ratio of 2.24, a current ratio of 2.95 and a debt-to-equity ratio of 0.44. LiqTech International has a twelve month low of $2.55 and a twelve month high of $4.20. The stock has a market capitalization of $15.80 million, a price-to-earnings ratio of -1.84 and a beta of 0.78. The company has a 50-day simple moving average of $2.93 and a 200 day simple moving average of $3.28.

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

Hedge Funds Weigh In On LiqTech International

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Mesirow Financial Investment Management Inc. acquired a new position in shares of LiqTech International during the first quarter worth $46,000. WealthTrust Axiom LLC boosted its holdings in shares of LiqTech International by 17.4% during the 3rd quarter. WealthTrust Axiom LLC now owns 125,232 shares of the company’s stock valued at $487,000 after acquiring an additional 18,600 shares in the last quarter. Finally, Mission Wealth Management LP acquired a new stake in shares of LiqTech International during the 3rd quarter valued at $73,000. Institutional investors own 35.06% of the company’s stock.

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.