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

StockNews.com began coverage on shares of LiqTech International (NASDAQ:LIQT) in a research report sent to investors on Saturday morning. The firm issued a sell rating on the stock.

LIQT has been the topic of a number of other research reports. Lake Street Capital lowered their price objective on LiqTech International from $10.00 to $9.00 and set a buy rating on the stock in a report on Thursday, September 5th. Ascendiant Capital Markets reissued a buy rating and issued a $5.15 price target on shares of LiqTech International in a report on Monday, August 26th.

LiqTech International Price Performance

LiqTech International stock opened at $3.14 on Friday. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.74 and a quick ratio of 1.85. The business has a 50 day simple moving average of $2.56 and a 200-day simple moving average of $2.62. LiqTech International has a 12 month low of $1.90 and a 12 month high of $4.10. The stock has a market capitalization of $18.23 million, a PE ratio of -2.11 and a beta of 0.96.

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

Institutional Trading of LiqTech International

An institutional investor recently bought a new position in LiqTech International stock. Mesirow Financial Investment Management Inc. acquired a new stake in LiqTech International, Inc. (NASDAQ:LIQT) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 14,903 shares of the company’s stock, valued at approximately $46,000. Mesirow Financial Investment Management Inc. owned approximately 0.26% of LiqTech International at the end of the most recent reporting period. Institutional investors own 35.06% of the company’s stock.

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.