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

StockNews.com started coverage on shares of LiqTech International (NASDAQ:LIQT) in a research report sent to investors on Wednesday morning. The brokerage issued a sell rating on the stock.

LIQT has been the topic of a number of other reports. Lake Street Capital lowered their price target on LiqTech International from $9.00 to $6.00 and set a “buy” rating on the stock in a report on Thursday, October 10th. Ascendiant Capital Markets decreased their target price on LiqTech International from $5.15 to $3.20 and set a “buy” rating for the company in a research report on Monday, November 25th.

LiqTech International Trading Up 1.7 %

NASDAQ:LIQT opened at $1.87 on Wednesday. LiqTech International has a 52 week low of $1.51 and a 52 week high of $3.61. The stock has a market cap of $17.67 million, a price-to-earnings ratio of -1.03 and a beta of 1.03. The company’s 50 day moving average price is $1.83 and its 200-day moving average price is $2.23. The company has a quick ratio of 1.62, a current ratio of 2.66 and a debt-to-equity ratio of 0.60.

Institutional Investors Weigh In On LiqTech International

A hedge fund recently raised its stake in LiqTech International stock. HighTower Advisors LLC boosted its position in shares of LiqTech International, Inc. (NASDAQ:LIQT) by 40.1% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 38,599 shares of the company’s stock after acquiring an additional 11,043 shares during the quarter. HighTower Advisors LLC owned 0.66% of LiqTech International worth $99,000 at the end of the most recent reporting period. 35.06% of the stock is owned by institutional investors.

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.