LiqTech International (NASDAQ:LIQT) Research Coverage Started at StockNews.com

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

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

LiqTech International Stock Down 1.0 %

Shares of LIQT stock opened at $3.04 on Friday. LiqTech International has a 12-month low of $1.90 and a 12-month high of $4.10. The company has a quick ratio of 1.85, a current ratio of 2.74 and a debt-to-equity ratio of 0.55. The firm has a fifty day moving average of $2.63 and a 200-day moving average of $2.62. The company has a market capitalization of $17.65 million, a price-to-earnings ratio of -2.04 and a beta of 0.96.

LiqTech International (NASDAQ:LIQT) last released its earnings results on Wednesday, August 14th. The company reported ($0.36) earnings per share (EPS) for the quarter. LiqTech International had a negative return on equity of 57.61% and a negative net margin of 51.50%. The firm had revenue of $4.49 million for the quarter.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in LiqTech International stock. Mesirow Financial Investment Management Inc. acquired a new stake in LiqTech International, Inc. (NASDAQ:LIQT) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 14,903 shares of the company’s stock, valued at approximately $46,000. Mesirow Financial Investment Management Inc. owned about 0.26% of LiqTech International at the end of the most recent quarter. Hedge funds and other institutional investors 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.