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

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

LiqTech International Price Performance

LiqTech International stock opened at $2.17 on Monday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.10 and a current ratio of 2.93. LiqTech International has a 52 week low of $1.90 and a 52 week high of $4.20. The stock has a market capitalization of $12.61 million, a P/E ratio of -1.58 and a beta of 0.96. The stock has a fifty day moving average of $2.31 and a 200-day moving average of $2.78.

LiqTech International (NASDAQ:LIQT) last posted its quarterly earnings results on Tuesday, May 14th. The company reported ($0.41) EPS for the quarter. LiqTech International had a negative return on equity of 48.20% and a negative net margin of 47.02%. The business had revenue of $4.24 million for the quarter.

Institutional Investors Weigh In On LiqTech International

A hedge fund recently raised its stake in LiqTech International stock. WealthTrust Axiom LLC lifted its holdings in shares of LiqTech International, Inc. (NASDAQ:LIQT) by 17.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 146,555 shares of the company’s stock after purchasing an additional 21,323 shares during the period. WealthTrust Axiom LLC owned 2.56% of LiqTech International worth $500,000 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.