LiqTech International (NASDAQ:LIQT) Earns Sell Rating from Analysts at StockNews.com

Equities researchers at StockNews.com assumed coverage on shares of LiqTech International (NASDAQ:LIQT) in a report issued on Friday. The brokerage set a “sell” rating on the stock.

LIQT has been the subject of several other research reports. Ascendiant Capital Markets lowered their price target on shares of LiqTech International from $5.15 to $3.20 and set a “buy” rating for the company in a research report on Monday, November 25th. Lake Street Capital lowered their target price on shares of LiqTech International from $9.00 to $6.00 and set a “buy” rating for the company in a report on Thursday, October 10th.

LiqTech International Stock Performance

Shares of NASDAQ:LIQT opened at $1.74 on Friday. The stock has a market capitalization of $16.44 million, a price-to-earnings ratio of -0.96 and a beta of 1.03. LiqTech International has a fifty-two week low of $1.51 and a fifty-two week high of $3.61. The business’s fifty day moving average price is $1.93 and its two-hundred day moving average price is $2.28. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.66 and a quick ratio of 1.62.

Institutional Trading of LiqTech International

A hedge fund recently raised its stake in LiqTech International stock. HighTower Advisors LLC grew its position in shares of LiqTech International, Inc. (NASDAQ:LIQT) by 40.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 38,599 shares of the company’s stock after buying an additional 11,043 shares during the period. HighTower Advisors LLC owned approximately 0.66% of LiqTech International worth $99,000 at the end of the most recent quarter. 35.06% of the stock is currently 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.