LiqTech International (NASDAQ:LIQT) Receives New Coverage from Analysts at StockNews.com

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

Several other equities analysts also recently commented on LIQT. Ascendiant Capital Markets restated a buy rating and issued a $5.15 price target on shares of LiqTech International in a research note on Monday, August 26th. Lake Street Capital decreased their target price on shares of LiqTech International from $10.00 to $9.00 and set a buy rating on the stock in a research report on Thursday, September 5th.

LiqTech International Trading Down 1.0 %

Shares of LIQT stock opened at $3.04 on Friday. LiqTech International has a 12-month low of $1.90 and a 12-month high of $4.10. The firm has a 50 day moving average price of $2.63 and a two-hundred day moving average price of $2.62. The company has a quick ratio of 1.85, a current ratio of 2.74 and a debt-to-equity ratio of 0.55. The company has a market capitalization of $17.65 million, a PE ratio of -2.04 and a beta of 0.96.

LiqTech International (NASDAQ:LIQT) last released its quarterly earnings results on Wednesday, August 14th. The company reported ($0.36) earnings per share (EPS) for the quarter. LiqTech International had a negative net margin of 51.50% and a negative return on equity of 57.61%. The firm had revenue of $4.49 million during the quarter.

Institutional Investors Weigh In On LiqTech International

An institutional investor recently bought a new position in LiqTech International stock. Mesirow Financial Investment Management Inc. purchased a new position in shares of LiqTech International, Inc. (NASDAQ:LIQT) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 14,903 shares of the company’s stock, valued at approximately $46,000. Mesirow Financial Investment Management Inc. owned 0.26% of LiqTech International at the end of the most recent quarter. 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.