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

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

A number of other research analysts also recently issued reports on LIQT. Lake Street Capital decreased their price objective on 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 note on Monday, August 26th.

LiqTech International Stock Down 16.0 %

LiqTech International stock opened at $2.56 on Friday. The company has a 50 day moving average of $2.63 and a 200-day moving average of $2.61. The company has a quick ratio of 1.85, a current ratio of 2.74 and a debt-to-equity ratio of 0.55. LiqTech International has a twelve month low of $1.90 and a twelve month high of $4.10. The stock has a market capitalization of $14.84 million, a PE ratio of -1.71 and a beta of 0.96.

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

Hedge Funds Weigh In On LiqTech International

An institutional investor recently bought a new position 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 the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund 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 as of its most recent filing with the Securities and Exchange Commission (SEC). 35.06% of the stock is currently 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.