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

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

Other equities research analysts also recently issued reports about the company. Lake Street Capital dropped their target price on LiqTech International from $9.00 to $6.00 and set a “buy” rating on the stock in a report on Thursday, October 10th. Ascendiant Capital Markets reduced their price objective on LiqTech International from $5.15 to $3.20 and set a “buy” rating for the company in a research report on Monday, November 25th.

LiqTech International Price Performance

Shares of NASDAQ:LIQT opened at $1.69 on Friday. The stock has a market cap of $15.97 million, a P/E ratio of -0.93 and a beta of 1.03. LiqTech International has a 12 month low of $1.51 and a 12 month high of $3.61. The company has a 50 day moving average of $1.91 and a 200 day moving average of $2.28. The company has a current ratio of 2.66, a quick ratio of 1.62 and a debt-to-equity ratio of 0.60.

Hedge Funds Weigh In On LiqTech International

A hedge fund recently raised its stake in LiqTech International stock. HighTower Advisors LLC grew its position in LiqTech International, Inc. (NASDAQ:LIQT) by 40.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). 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. 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.