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

StockNews.com initiated coverage on shares of LiqTech International (NASDAQ:LIQT) in a research report released on Wednesday morning. The brokerage issued a sell rating on the stock.

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

LiqTech International Price Performance

LIQT stock opened at $1.84 on Wednesday. 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 50-day simple moving average of $1.83 and a 200-day simple moving average of $2.24. The firm has a market cap of $17.41 million, a P/E ratio of -1.01 and a beta of 1.03.

Institutional Inflows and Outflows

An institutional investor recently raised its position in LiqTech International stock. HighTower Advisors LLC lifted its holdings in LiqTech International, Inc. (NASDAQ:LIQT) by 40.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 38,599 shares of the company’s stock after purchasing an additional 11,043 shares during the period. HighTower Advisors LLC owned 0.66% of LiqTech International worth $99,000 at the end of the most recent reporting period. 35.06% of the stock is owned by institutional investors.

LiqTech International Company Profile

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.