LiqTech International (NASDAQ:LIQT) Now Covered by Analysts at StockNews.com

StockNews.com started coverage on shares of LiqTech International (NASDAQ:LIQT) in a report published on Tuesday morning. The brokerage issued a sell rating on the stock.

A number of other analysts also recently issued reports on the company. Ascendiant Capital Markets decreased their price target on LiqTech International from $5.15 to $3.20 and set a “buy” rating for the company in a report on Monday, November 25th. Lake Street Capital decreased their target price on LiqTech International from $9.00 to $6.00 and set a “buy” rating for the company in a research note on Thursday, October 10th.

LiqTech International Stock Down 1.1 %

NASDAQ:LIQT opened at $1.83 on Tuesday. LiqTech International has a 52 week low of $1.51 and a 52 week high of $3.61. The stock’s fifty day moving average is $2.11 and its two-hundred day moving average is $2.36. The stock has a market capitalization of $17.29 million, a price-to-earnings ratio of -1.01 and a beta of 0.98. The company has a quick ratio of 1.62, a current ratio of 2.66 and a debt-to-equity ratio of 0.60.

Institutional Trading of LiqTech International

An institutional investor recently raised its position in LiqTech International stock. HighTower Advisors LLC boosted its position in shares of LiqTech International, Inc. (NASDAQ:LIQT) by 40.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm 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 SEC filing. 35.06% of the stock is currently owned by hedge funds and other institutional investors.

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.