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

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

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

LiqTech International Stock Performance

LiqTech International stock opened at $1.87 on Wednesday. The company has a current ratio of 2.66, a quick ratio of 1.62 and a debt-to-equity ratio of 0.60. The firm has a market cap of $17.67 million, a P/E ratio of -1.03 and a beta of 1.03. LiqTech International has a 1-year low of $1.51 and a 1-year high of $3.61. The firm has a 50-day moving average of $1.83 and a 200-day moving average of $2.23.

Institutional Investors Weigh In On LiqTech International

An institutional investor recently raised its position in LiqTech International stock. HighTower Advisors LLC grew its stake in LiqTech International, Inc. (NASDAQ:LIQT) by 40.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 38,599 shares of the company’s stock after acquiring an additional 11,043 shares during the quarter. HighTower Advisors LLC owned 0.66% of LiqTech International worth $99,000 at the end of the most recent quarter. 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.