LiqTech International (NASDAQ:LIQT) Coverage Initiated by Analysts at StockNews.com

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

A number of other research firms also recently issued reports on LIQT. Lake Street Capital lowered their target price on LiqTech International from $9.00 to $6.00 and set a “buy” rating on the stock in a research report 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 Performance

Shares of LIQT opened at $1.89 on Tuesday. The stock has a market capitalization of $17.86 million, a price-to-earnings ratio of -1.04 and a beta of 1.00. LiqTech International has a 12 month low of $1.51 and a 12 month high of $3.60. The firm has a fifty day simple moving average of $1.84 and a 200 day simple moving average of $2.23. The company has a current ratio of 2.66, a quick ratio of 1.62 and a debt-to-equity ratio of 0.60.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in LiqTech International stock. HighTower Advisors LLC boosted its holdings in LiqTech International, Inc. (NASDAQ:LIQT) by 40.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 38,599 shares of the company’s stock after acquiring an additional 11,043 shares during the period. HighTower Advisors LLC owned 0.66% of LiqTech International worth $99,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors 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.