LiqTech International (NASDAQ:LIQT) Now Covered by StockNews.com

Equities research analysts at StockNews.com began coverage on shares of LiqTech International (NASDAQ:LIQT) in a note issued to investors on Monday. The firm set a “sell” rating on the stock.

Separately, Ascendiant Capital Markets started coverage on shares of LiqTech International in a research report on Monday, February 26th. They issued a “buy” rating and a $5.15 price objective on the stock.

LiqTech International Stock Performance

NASDAQ LIQT opened at $2.71 on Monday. The company’s 50 day simple moving average is $2.91 and its two-hundred day simple moving average is $3.26. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.95 and a quick ratio of 2.24. LiqTech International has a 1 year low of $2.55 and a 1 year high of $4.20. The stock has a market capitalization of $15.75 million, a PE ratio of -1.83 and a beta of 0.78.

LiqTech International (NASDAQ:LIQT) last posted its quarterly earnings data 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 for the quarter.

Hedge Funds Weigh In On LiqTech International

An institutional investor recently raised its position in LiqTech International stock. WealthTrust Axiom LLC increased its holdings in LiqTech International, Inc. (NASDAQ:LIQT) by 17.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & 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 & Exchange Commission. Hedge funds and other 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. It operates in three segments: Water, Ceramics, and Plastics.