StockNews.com Begins Coverage on LiqTech International (NASDAQ:LIQT)

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

Separately, Ascendiant Capital Markets reiterated a buy rating and set a $5.15 price objective on shares of LiqTech International in a research note on Monday, August 26th.

LiqTech International Stock Performance

LiqTech International stock opened at $3.03 on Wednesday. The stock has a fifty day moving average price of $2.34 and a 200 day moving average price of $2.66. LiqTech International has a 52 week low of $1.90 and a 52 week high of $4.20. The firm has a market capitalization of $17.60 million, a P/E ratio of -2.03 and a beta of 0.96. The company has a current ratio of 2.93, a quick ratio of 2.10 and a debt-to-equity ratio of 0.47.

Institutional Inflows and Outflows

An institutional investor recently raised its position in LiqTech International stock. WealthTrust Axiom LLC increased its position in LiqTech International, Inc. (NASDAQ:LIQT) by 17.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 146,555 shares of the company’s stock after purchasing an additional 21,323 shares during the quarter. WealthTrust Axiom LLC owned 2.56% of LiqTech International worth $500,000 as of its most recent filing with the Securities and Exchange Commission. 35.06% of the stock is currently owned by institutional investors.

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.