LiqTech International (NASDAQ:LIQT) Receives New Coverage from Analysts at StockNews.com

Equities researchers at StockNews.com started coverage on shares of LiqTech International (NASDAQ:LIQT) in a research note issued to investors on Wednesday. The firm set a “sell” rating on the stock.

Separately, Ascendiant Capital Markets reiterated a “buy” rating and set a $5.15 price target on shares of LiqTech International in a research report on Monday.

LiqTech International Trading Up 3.4 %

LiqTech International stock opened at $3.00 on Wednesday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.10 and a current ratio of 2.93. LiqTech International has a fifty-two week low of $1.90 and a fifty-two week high of $4.20. The stock has a market cap of $17.42 million, a P/E ratio of -2.01 and a beta of 0.96. The firm’s fifty day moving average price is $2.32 and its 200-day moving average price is $2.66.

Institutional Trading of LiqTech International

A hedge fund recently raised its stake in LiqTech International stock. WealthTrust Axiom LLC lifted its holdings in shares of LiqTech International, Inc. (NASDAQ:LIQT) by 17.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 146,555 shares of the company’s stock after purchasing an additional 21,323 shares during the period. WealthTrust Axiom LLC owned about 2.56% of LiqTech International worth $500,000 as of its most recent filing with the SEC. 35.06% of the stock is currently owned by institutional investors and hedge funds.

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.