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

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

A number of other research firms have also recently issued reports on LIQT. Ascendiant Capital Markets reiterated a buy rating and set a $5.15 price objective on shares of LiqTech International in a research report on Monday, August 26th. Lake Street Capital lowered their price target 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 Trading Up 3.3 %

Shares of LIQT stock opened at $2.48 on Thursday. LiqTech International has a fifty-two week low of $1.90 and a fifty-two week high of $4.10. The stock’s fifty day moving average price is $2.67 and its two-hundred day moving average price is $2.59. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.85 and a current ratio of 2.74. The company has a market cap of $14.40 million, a PE ratio of -1.66 and a beta of 0.94.

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. The business had revenue of $4.49 million during the quarter. LiqTech International had a negative net margin of 51.50% and a negative return on equity of 57.61%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in LiqTech International stock. Mesirow Financial Investment Management Inc. bought a new position in shares of LiqTech International, Inc. (NASDAQ:LIQT) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund bought 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 reporting period. Institutional investors own 35.06% of the company’s stock.

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.