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

StockNews.com assumed coverage on shares of LiqTech International (NASDAQ:LIQT) in a note issued to investors on Tuesday. The brokerage set a “sell” rating on the stock.

Separately, Ascendiant Capital Markets reiterated a “buy” rating and issued a $5.15 target price on shares of LiqTech International in a research report on Monday, August 26th.

LiqTech International Trading Up 6.2 %

LiqTech International stock opened at $2.91 on Tuesday. The company has a 50 day moving average price of $2.38 and a 200 day moving average price of $2.65. LiqTech International has a 52 week low of $1.90 and a 52 week high of $4.20. 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 firm has a market capitalization of $16.90 million, a price-to-earnings ratio of -1.95 and a beta of 0.96.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in LiqTech International stock. Mesirow Financial Investment Management Inc. bought a new stake in LiqTech International, Inc. (NASDAQ:LIQT) during the first quarter, according to its most recent filing with the SEC. The firm bought 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 at the end of the most recent quarter. 35.06% of the stock is currently owned by institutional investors and hedge funds.

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.