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

Investment analysts at StockNews.com started coverage on shares of LiqTech International (NASDAQ:LIQT) in a research note issued to investors on Monday. The firm set a “sell” rating on the stock.

LiqTech International Price Performance

Shares of NASDAQ LIQT opened at $2.25 on Monday. The company has a quick ratio of 2.10, a current ratio of 2.93 and a debt-to-equity ratio of 0.47. LiqTech International has a 52 week low of $1.90 and a 52 week high of $4.20. The firm has a 50-day moving average price of $2.33 and a 200 day moving average price of $2.79. The stock has a market capitalization of $13.07 million, a price-to-earnings ratio of -1.53 and a beta of 0.96.

LiqTech International (NASDAQ:LIQT) last announced its quarterly earnings data on Tuesday, May 14th. The company reported ($0.41) EPS for the quarter. LiqTech International had a negative net margin of 47.02% and a negative return on equity of 48.20%. The company had revenue of $4.24 million during the quarter.

Hedge Funds Weigh In On LiqTech International

An institutional investor recently bought a new position in LiqTech International stock. Mesirow Financial Investment Management Inc. purchased a new position in shares of LiqTech International, Inc. (NASDAQ:LIQT) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 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 as of its most recent filing with the Securities and Exchange Commission (SEC). 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.