LiqTech International (NASDAQ:LIQT) Research Coverage Started at StockNews.com

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

Several other equities research analysts have also weighed in on the company. Lake Street Capital lowered their price objective on LiqTech International from $9.00 to $6.00 and set a “buy” rating on the stock in a research note on Thursday, October 10th. Ascendiant Capital Markets lowered their price target on LiqTech International from $5.15 to $3.20 and set a “buy” rating on the stock in a research report on Monday, November 25th.

LiqTech International Stock Down 4.5 %

NASDAQ LIQT opened at $1.89 on Tuesday. LiqTech International has a twelve month low of $1.51 and a twelve month high of $3.60. The stock has a market cap of $17.86 million, a PE ratio of -1.04 and a beta of 1.00. The firm has a 50-day simple moving average of $1.84 and a 200 day simple moving average of $2.23. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.62 and a current ratio of 2.66.

Institutional Investors Weigh In On LiqTech International

A hedge fund recently raised its stake in LiqTech International stock. HighTower Advisors LLC lifted its holdings in LiqTech International, Inc. (NASDAQ:LIQT) by 40.1% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 38,599 shares of the company’s stock after purchasing an additional 11,043 shares during the quarter. HighTower Advisors LLC owned about 0.66% of LiqTech International worth $99,000 as of its most recent SEC filing. Institutional investors and hedge funds 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.