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

Research analysts at StockNews.com assumed coverage on shares of LiqTech International (NASDAQ:LIQT) in a report issued on Tuesday. The firm set a “sell” rating on the stock.

Separately, Ascendiant Capital Markets began coverage on LiqTech International in a research report on Monday, February 26th. They set a “buy” rating and a $5.15 target price for the company.

LiqTech International Trading Down 1.1 %

Shares of NASDAQ LIQT opened at $2.68 on Tuesday. LiqTech International has a 1-year low of $2.55 and a 1-year high of $4.20. The company has a current ratio of 2.95, a quick ratio of 2.24 and a debt-to-equity ratio of 0.44. The company has a 50-day moving average of $2.95 and a two-hundred day moving average of $3.29. The company has a market cap of $15.57 million, a PE ratio of -1.81 and a beta of 0.73.

LiqTech International (NASDAQ:LIQT) last released its earnings results on Thursday, March 21st. The company reported ($0.56) earnings per share for the quarter. The firm 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%.

Institutional Trading of LiqTech International

Institutional investors and hedge funds have recently bought and sold shares of the stock. Mesirow Financial Investment Management Inc. acquired a new position in LiqTech International during the first quarter worth $46,000. WealthTrust Axiom LLC increased its stake in shares of LiqTech International by 17.0% during the 4th quarter. WealthTrust Axiom LLC now owns 146,555 shares of the company’s stock worth $500,000 after purchasing an additional 21,323 shares during the last quarter. Finally, Mission Wealth Management LP bought a new stake in shares of LiqTech International in the 3rd quarter valued at about $73,000. 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.