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

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

Other research analysts have also issued reports about the stock. Ascendiant Capital Markets reaffirmed a buy rating and set a $5.15 price target on shares of LiqTech International in a research note on Monday, August 26th. Lake Street Capital reduced their price objective on shares of LiqTech International from $10.00 to $9.00 and set a buy rating on the stock in a research note on Thursday, September 5th.

LiqTech International Trading Down 1.6 %

Shares of LiqTech International stock opened at $3.14 on Friday. The business has a 50 day moving average price of $2.56 and a 200 day moving average price of $2.62. The company has a market capitalization of $18.23 million, a P/E ratio of -2.11 and a beta of 0.96. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.74 and a quick ratio of 1.85. LiqTech International has a 1 year low of $1.90 and a 1 year high of $4.10.

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

Hedge Funds Weigh In On LiqTech International

A hedge fund recently bought a new stake in LiqTech International stock. Mesirow Financial Investment Management Inc. acquired a new stake in shares of LiqTech International, Inc. (NASDAQ:LIQT) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. 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 reporting period. 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.