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

StockNews.com assumed coverage on shares of LiqTech International (NASDAQ:LIQT) in a research note published on Tuesday. The firm issued a sell rating on the stock.

Separately, Ascendiant Capital Markets began coverage on LiqTech International in a research note on Monday, February 26th. They issued a buy rating and a $5.15 target price for the company.

LiqTech International Stock Up 0.4 %

NASDAQ:LIQT opened at $2.71 on Tuesday. LiqTech International has a 1 year low of $2.55 and a 1 year high of $4.20. The company has a current ratio of 2.95, a quick ratio of 2.24 and a debt-to-equity ratio of 0.44. The stock has a market cap of $15.75 million, a price-to-earnings ratio of -1.83 and a beta of 0.73. The stock has a 50-day moving average price of $2.96 and a two-hundred day moving average price of $3.29.

LiqTech International (NASDAQ:LIQT) last posted its earnings results on Thursday, March 21st. The company reported ($0.56) earnings per share (EPS) for the quarter. LiqTech International had a negative net margin of 47.61% and a negative return on equity of 43.92%. The business had revenue of $3.93 million during the quarter.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. WealthTrust Axiom LLC boosted its position in shares of LiqTech International by 17.0% during the fourth quarter. WealthTrust Axiom LLC now owns 146,555 shares of the company’s stock worth $500,000 after buying an additional 21,323 shares during the period. Mission Wealth Management LP acquired a new position in shares of LiqTech International during the third quarter worth about $73,000. Finally, Mesirow Financial Investment Management Inc. acquired a new position in shares of LiqTech International during the first quarter worth about $46,000. 35.06% of the stock is owned by institutional investors and hedge funds.

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. It operates in three segments: Water, Ceramics, and Plastics.