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

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

Separately, Ascendiant Capital Markets initiated coverage on LiqTech International in a research note on Monday, February 26th. They issued a buy rating and a $5.15 price target on the stock.

LiqTech International Trading Up 5.8 %

Shares of NASDAQ:LIQT opened at $2.75 on Thursday. LiqTech International has a 52-week low of $2.55 and a 52-week high of $4.20. The stock has a 50 day moving average price of $3.08 and a 200-day moving average price of $3.36. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.95 and a quick ratio of 2.24.

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 return on equity of 43.92% and a negative net margin of 47.61%. The firm had revenue of $3.93 million during the quarter.

Institutional Trading of LiqTech International

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Renaissance Technologies LLC purchased a new stake in LiqTech International during the 2nd quarter valued at $196,000. Millennium Management LLC purchased a new stake in LiqTech International during the 2nd quarter valued at $116,000. Virtu Financial LLC boosted its stake in LiqTech International by 239.8% during the 2nd quarter. Virtu Financial LLC now owns 127,237 shares of the company’s stock valued at $57,000 after purchasing an additional 89,789 shares during the last quarter. Meros Investment Management LP boosted its stake in LiqTech International by 12.9% during the 1st quarter. Meros Investment Management LP now owns 476,949 shares of the company’s stock valued at $1,168,000 after purchasing an additional 54,637 shares during the last quarter. Finally, WealthTrust Axiom LLC boosted its stake in LiqTech International by 17.0% during the 4th quarter. WealthTrust Axiom LLC now owns 146,555 shares of the company’s stock valued at $500,000 after purchasing an additional 21,323 shares during the last 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. It operates in three segments: Water, Ceramics, and Plastics.