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

Stock analysts at StockNews.com initiated coverage on shares of LiqTech International (NASDAQ:LIQT) in a research note issued on Thursday. The firm set a “sell” rating on the stock.

A number of other research analysts have also issued reports on the company. Lake Street Capital reduced their price objective on LiqTech International from $9.00 to $6.00 and set a “buy” rating for the company in a research report on Thursday, October 10th. Ascendiant Capital Markets reduced their target price on shares of LiqTech International from $5.15 to $3.20 and set a “buy” rating for the company in a research note on Monday, November 25th.

LiqTech International Stock Up 1.8 %

Shares of NASDAQ:LIQT opened at $1.68 on Thursday. The company’s fifty day moving average is $1.89 and its two-hundred day moving average is $2.26. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.62 and a current ratio of 2.66. LiqTech International has a 1-year low of $1.51 and a 1-year high of $3.61. The stock has a market capitalization of $15.88 million, a price-to-earnings ratio of -0.92 and a beta of 1.03.

Institutional Trading of LiqTech International

An institutional investor recently raised its position in LiqTech International stock. HighTower Advisors LLC raised its position in shares of LiqTech International, Inc. (NASDAQ:LIQT) by 40.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 38,599 shares of the company’s stock after buying an additional 11,043 shares during the quarter. HighTower Advisors LLC owned 0.66% of LiqTech International worth $99,000 at the end of the most recent quarter. Institutional investors and hedge funds 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.