StockNews.com Begins Coverage on LiqTech International (NASDAQ:LIQT)

StockNews.com began coverage on shares of LiqTech International (NASDAQ:LIQT) in a research report released on Monday. The brokerage issued a sell rating on the stock.

A number of other analysts have also issued reports on the company. Ascendiant Capital Markets reaffirmed a buy rating and set a $5.15 target price on shares of LiqTech International in a research report on Monday, August 26th. Lake Street Capital dropped their target price on LiqTech International from $10.00 to $9.00 and set a buy rating on the stock in a research report on Thursday, September 5th.

LiqTech International Trading Up 5.6 %

NASDAQ:LIQT opened at $2.99 on Monday. LiqTech International has a 12 month low of $1.90 and a 12 month high of $4.20. The firm has a market capitalization of $17.40 million, a PE ratio of -2.00 and a beta of 0.95. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.74 and a quick ratio of 1.85. The business’s 50-day moving average is $2.43 and its two-hundred day moving average is $2.63.

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

Hedge Funds Weigh In On LiqTech International

A hedge fund recently bought a new stake in LiqTech International stock. Mesirow Financial Investment Management Inc. purchased a new position in LiqTech International, Inc. (NASDAQ:LIQT) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 14,903 shares of the company’s stock, valued at approximately $46,000. Mesirow Financial Investment Management Inc. owned approximately 0.26% of LiqTech International as of its most recent filing with the Securities & Exchange Commission. 35.06% of the stock is owned by institutional investors.

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.