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

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

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

LiqTech International Trading Up 7.0 %

Shares of LIQT opened at $3.19 on Friday. LiqTech International has a fifty-two week low of $1.90 and a fifty-two week high of $4.10. The firm has a market cap of $18.52 million, a price-to-earnings ratio of -2.14 and a beta of 0.95. The firm has a 50 day moving average price of $2.54 and a 200-day moving average price of $2.62. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.85 and a current ratio of 2.74.

LiqTech International (NASDAQ:LIQT) last posted 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 business had revenue of $4.49 million for the quarter.

Institutional Inflows and Outflows

An institutional investor recently bought a new position 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 its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund 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 as of its most recent filing with the Securities and Exchange Commission (SEC). 35.06% of the stock is owned by hedge funds and other institutional investors.

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.