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

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

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

LiqTech International Trading Down 3.1 %

Shares of LIQT stock opened at $2.73 on Tuesday. The firm has a market capitalization of $15.85 million, a PE ratio of -1.83 and a beta of 0.96. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.85 and a current ratio of 2.74. LiqTech International has a 1 year low of $1.90 and a 1 year high of $4.20. The stock has a fifty day moving average of $2.39 and a two-hundred day moving average of $2.65.

LiqTech International (NASDAQ:LIQT) last posted its quarterly earnings data on Wednesday, August 14th. The company reported ($0.36) earnings per share for the quarter. The company had revenue of $4.49 million during the quarter. LiqTech International had a negative return on equity of 57.61% and a negative net margin of 51.50%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in LiqTech International stock. Mesirow Financial Investment Management Inc. purchased a new stake in shares of LiqTech International, Inc. (NASDAQ:LIQT) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 14,903 shares of the company’s stock, valued at approximately $46,000. Mesirow Financial Investment Management Inc. owned 0.26% of LiqTech International at the end of the most recent quarter. Institutional investors and hedge funds 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.