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

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

Other equities analysts also recently issued research reports about the company. Ascendiant Capital Markets reduced their price objective on LiqTech International from $5.15 to $3.20 and set a “buy” rating on the stock in a research report on Monday. Lake Street Capital reduced their price objective on LiqTech International from $9.00 to $6.00 and set a “buy” rating on the stock in a research report on Thursday, October 10th.

LiqTech International Stock Performance

Shares of NASDAQ:LIQT opened at $1.75 on Tuesday. LiqTech International has a 1 year low of $1.51 and a 1 year high of $3.74. The firm has a market capitalization of $16.49 million, a PE ratio of -0.94 and a beta of 0.98. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.66 and a quick ratio of 1.62. The business’s 50 day moving average price is $2.20 and its 200-day moving average price is $2.38.

Institutional Investors Weigh In On LiqTech International

A hedge fund recently raised its stake in LiqTech International stock. HighTower Advisors LLC raised its holdings in LiqTech International, Inc. (NASDAQ:LIQT) by 40.1% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 38,599 shares of the company’s stock after purchasing an additional 11,043 shares during the quarter. HighTower Advisors LLC owned 0.66% of LiqTech International worth $99,000 as of its most recent SEC filing. 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.