LiqTech International (NASDAQ:LIQT) Earns Sell Rating from Analysts at StockNews.com

Posted by Stacy Sanders on Aug 11th, 2024

StockNews.com initiated coverage on shares of LiqTech International (NASDAQ:LIQT – Free Report) in a research note published on Saturday morning. The brokerage issued a sell rating on the stock.

LiqTech International Stock Performance

Shares of LIQT traded down $0.06 during trading hours on Friday, hitting $2.38. The stock had a trading volume of 7,950 shares, compared to its average volume of 9,245. The firm has a market capitalization of $13.79 million, a price-to-earnings ratio of -1.59 and a beta of 0.96. 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 firm has a 50-day moving average price of $2.25 and a 200 day moving average price of $2.72. LiqTech International has a fifty-two week low of $1.90 and a fifty-two week high of $4.20.

LiqTech International (NASDAQ:LIQT – Get Free Report) last released its earnings results on Tuesday, May 14th. The company reported ($0.41) earnings per share (EPS) for the quarter. The business had revenue of $4.24 million for 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

An institutional investor recently raised its position in LiqTech International stock. WealthTrust Axiom LLC boosted its stake in LiqTech International, Inc. (NASDAQ:LIQT – Free Report) by 17.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 146,555 shares of the company’s stock after purchasing an additional 21,323 shares during the period. WealthTrust Axiom LLC owned about 2.56% of LiqTech International worth $500,000 at the end of the most recent quarter. Institutional investors and hedge funds own 35.06% of the company’s stock.

LiqTech International Company Profile

(Get Free Report)

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.