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

StockNews.com began coverage on shares of LiqTech International (NASDAQ:LIQT) in a research note issued to investors on Sunday. The brokerage issued a sell rating on the stock.

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

LiqTech International Stock Down 5.2 %

LIQT stock opened at $2.02 on Friday. LiqTech International has a fifty-two week low of $2.02 and a fifty-two week high of $4.20. The business’s 50-day moving average is $2.59 and its two-hundred day moving average is $3.01. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.10 and a current ratio of 2.93. The company has a market cap of $11.74 million, a price-to-earnings ratio of -1.36 and a beta of 0.97.

LiqTech International (NASDAQ:LIQT) last posted its quarterly earnings data 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 company had revenue of $4.24 million during the quarter.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in LiqTech International stock. Mesirow Financial Investment Management Inc. bought a new stake in shares of LiqTech International, Inc. (NASDAQ:LIQT) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 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. 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.