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

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

A number of other equities analysts have also recently commented on LIQT. Lake Street Capital dropped their price target on shares of LiqTech International from $9.00 to $6.00 and set a “buy” rating for the company in a research note on Thursday, October 10th. Ascendiant Capital Markets reissued a “buy” rating and issued a $5.15 price objective on shares of LiqTech International in a research report on Monday, August 26th.

LiqTech International Price Performance

Shares of LIQT stock opened at $1.53 on Thursday. LiqTech International has a one year low of $1.51 and a one year high of $3.77. The company’s fifty day moving average price is $2.34 and its 200-day moving average price is $2.42. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.85 and a current ratio of 2.74.

LiqTech International (NASDAQ:LIQT) last announced its quarterly earnings results on Wednesday, August 14th. The company reported ($0.36) earnings per share (EPS) for the quarter. LiqTech International had a negative net margin of 69.76% and a negative return on equity of 71.81%. The company had revenue of $4.49 million during the quarter. As a group, equities research analysts anticipate that LiqTech International will post -1.44 EPS for the current year.

Institutional Trading of LiqTech International

A hedge fund recently raised its stake in LiqTech International stock. HighTower Advisors LLC increased its position in shares of LiqTech International, Inc. (NASDAQ:LIQT) by 40.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 38,599 shares of the company’s stock after buying an additional 11,043 shares during the period. HighTower Advisors LLC owned 0.66% of LiqTech International worth $99,000 as of its most recent filing with the SEC. Institutional investors and hedge funds 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.