LiqTech International (NASDAQ:LIQT) Receives New Coverage from Analysts at StockNews.com

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

LiqTech International Stock Down 2.4 %

NASDAQ LIQT traded down $0.05 on Friday, reaching $2.00. 746 shares of the stock traded hands, compared to its average volume of 9,185. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.10 and a current ratio of 2.93. The company has a fifty day moving average price of $2.29 and a 200-day moving average price of $2.75. The company has a market cap of $11.62 million, a price-to-earnings ratio of -1.34 and a beta of 0.96. LiqTech International has a 12 month low of $1.90 and a 12 month high of $4.20.

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

Institutional Inflows and Outflows

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