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

Stock analysts at StockNews.com initiated coverage on shares of LiqTech International (NASDAQ:LIQT) in a report issued on Monday. The firm set a “sell” rating on the stock.

Other research analysts have also recently issued reports about the stock. Ascendiant Capital Markets lowered their price target on shares of LiqTech International from $5.15 to $3.20 and set a “buy” rating on the stock in a report on Monday, November 25th. Lake Street Capital dropped their price target on LiqTech International from $9.00 to $6.00 and set a “buy” rating for the company in a report on Thursday, October 10th.

LiqTech International Trading Down 5.5 %

Shares of LiqTech International stock opened at $1.79 on Monday. LiqTech International has a 1 year low of $1.51 and a 1 year high of $3.59. The company has a market capitalization of $16.91 million, a price-to-earnings ratio of -0.98 and a beta of 1.00. The business has a fifty day simple moving average of $1.84 and a two-hundred day simple moving average of $2.22. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.66 and a quick ratio of 1.62.

Institutional Trading of LiqTech International

An institutional investor recently raised its position in LiqTech International stock. HighTower Advisors LLC increased its holdings in LiqTech International, Inc. (NASDAQ:LIQT) by 40.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 38,599 shares of the company’s stock after buying 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.