LiqTech International (NASDAQ:LIQT) Research Coverage Started at StockNews.com

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

A number of other equities research analysts have also weighed in on the company. Lake Street Capital lowered their target price on LiqTech International from $9.00 to $6.00 and set a “buy” rating for the company in a research note on Thursday, October 10th. Ascendiant Capital Markets dropped their price objective on LiqTech International from $5.15 to $3.20 and set a “buy” rating for the company in a research note on Monday, November 25th.

LiqTech International Stock Up 2.2 %

Shares of NASDAQ:LIQT opened at $1.84 on Monday. LiqTech International has a 52-week low of $1.51 and a 52-week high of $3.61. The firm has a fifty day moving average of $2.04 and a 200 day moving average of $2.34. The firm has a market capitalization of $17.39 million, a PE ratio of -1.01 and a beta of 1.03. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.62 and a current ratio of 2.66.

Institutional Trading of LiqTech International

A hedge fund recently raised its stake in LiqTech International stock. HighTower Advisors LLC raised its stake in shares of LiqTech International, Inc. (NASDAQ:LIQT) by 40.1% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 38,599 shares of the company’s stock after acquiring an additional 11,043 shares during the period. HighTower Advisors LLC owned approximately 0.66% of LiqTech International worth $99,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 35.06% of the company’s stock.

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. The company operates through Water, Ceramics, and Plastics segments.