LiqTech International (NASDAQ:LIQT) Research Coverage Started at StockNews.com

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

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

LiqTech International Stock Down 0.5 %

LiqTech International stock opened at $2.91 on Friday. The business’s 50-day simple moving average is $2.49 and its two-hundred day simple moving average is $2.62. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.85 and a current ratio of 2.74. The company has a market cap of $16.90 million, a PE ratio of -1.95 and a beta of 0.96. LiqTech International has a fifty-two week low of $1.90 and a fifty-two week high of $4.17.

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

Institutional Trading of LiqTech International

An institutional investor recently bought a new position in LiqTech International stock. Mesirow Financial Investment Management Inc. purchased a new position in LiqTech International, Inc. (NASDAQ:LIQT) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund 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 and Exchange Commission. Hedge funds and other 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.