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

StockNews.com started coverage on shares of LiqTech International (NASDAQ:LIQT) in a report released on Wednesday. The brokerage issued a sell rating on the stock.

Separately, Ascendiant Capital Markets initiated coverage on shares of LiqTech International in a research note on Monday, February 26th. They set a buy rating and a $5.15 price objective for the company.

LiqTech International Trading Down 1.2 %

Shares of LIQT stock opened at $2.57 on Wednesday. LiqTech International has a 1 year low of $2.55 and a 1 year high of $4.20. The company’s fifty day simple moving average is $3.02 and its two-hundred day simple moving average is $3.32. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.95 and a quick ratio of 2.24. The stock has a market capitalization of $14.93 million, a price-to-earnings ratio of -1.74 and a beta of 0.73.

LiqTech International (NASDAQ:LIQT) last issued its quarterly earnings data on Thursday, March 21st. The company reported ($0.56) earnings per share (EPS) for the quarter. The company had revenue of $3.93 million for the quarter. LiqTech International had a negative return on equity of 43.92% and a negative net margin of 47.61%.

Hedge Funds Weigh In On LiqTech International

An institutional investor recently bought a new position in LiqTech International stock. Mission Wealth Management LP bought a new stake in shares of LiqTech International, Inc. (NASDAQ:LIQT) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 18,750 shares of the company’s stock, valued at approximately $73,000. Mission Wealth Management LP owned about 0.33% of LiqTech International at the end of the most recent reporting period. Hedge funds and other 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. It operates in three segments: Water, Ceramics, and Plastics.