LiqTech International (NASDAQ:LIQT) Earns Sell Rating from Analysts at StockNews.com

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

LIQT has been the subject of several other reports. Ascendiant Capital Markets reiterated a “buy” rating and set a $5.15 price objective on shares of LiqTech International in a research report on Monday, August 26th. Lake Street Capital reduced their price objective on LiqTech International from $10.00 to $9.00 and set a “buy” rating for the company in a research report on Thursday, September 5th.

LiqTech International Stock Performance

Shares of NASDAQ LIQT opened at $2.48 on Thursday. The company has a current ratio of 2.74, a quick ratio of 1.85 and a debt-to-equity ratio of 0.55. The stock has a 50 day simple moving average of $2.67 and a 200-day simple moving average of $2.60. The company has a market cap of $14.40 million, a PE ratio of -1.66 and a beta of 0.96. LiqTech International has a 12-month low of $1.90 and a 12-month high of $4.10.

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

Institutional Investors Weigh In On LiqTech International

A hedge fund recently bought a new stake in LiqTech International stock. Mesirow Financial Investment Management Inc. bought a new position in LiqTech International, Inc. (NASDAQ:LIQT) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 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 reporting period. 35.06% of the stock is owned by hedge funds and other 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.