StockNews.com Begins Coverage on LiqTech International (NASDAQ:LIQT)

StockNews.com started coverage on shares of LiqTech International (NASDAQ:LIQT) in a research note released on Saturday morning. The brokerage issued a sell rating on the stock.

LiqTech International Stock Up 2.6 %

LiqTech International stock opened at $2.39 on Friday. The stock has a market cap of $13.89 million, a P/E ratio of -1.60 and a beta of 0.96. The company has a quick ratio of 2.10, a current ratio of 2.93 and a debt-to-equity ratio of 0.47. LiqTech International has a twelve month low of $1.90 and a twelve month high of $4.20. The company’s 50-day moving average price is $2.55 and its two-hundred day moving average price is $2.97.

LiqTech International (NASDAQ:LIQT) last announced its earnings results on Tuesday, May 14th. The company reported ($0.41) EPS for the quarter. LiqTech International had a negative return on equity of 48.20% and a negative net margin of 47.02%. The business had revenue of $4.24 million for the quarter.

Institutional Trading of LiqTech International

A hedge fund recently raised its stake in LiqTech International stock. WealthTrust Axiom LLC increased its position in shares of LiqTech International, Inc. (NASDAQ:LIQT) by 17.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 146,555 shares of the company’s stock after acquiring an additional 21,323 shares during the period. WealthTrust Axiom LLC owned about 2.56% of LiqTech International worth $500,000 as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other 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. The company operates through Water, Ceramics, and Plastics segments.