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

Posted by Jessica Moore on Dec 11th, 2024

StockNews.com assumed coverage on shares of LiqTech International (NASDAQ:LIQT – Free Report) in a research note released on Sunday morning. The brokerage issued a sell rating on the stock.

LIQT has been the topic of several other reports. Lake Street Capital dropped their target price on LiqTech International from $9.00 to $6.00 and set a “buy” rating on the stock in a research report on Thursday, October 10th. Ascendiant Capital Markets decreased their price target 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.

View Our Latest Research Report on LIQT

LiqTech International Price Performance

Shares of NASDAQ LIQT opened at $2.13 on Friday. LiqTech International has a 1-year low of $1.51 and a 1-year high of $3.61. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.66 and a quick ratio of 1.62. The business’s fifty day moving average price is $1.99 and its two-hundred day moving average price is $2.32. The firm has a market capitalization of $20.13 million, a PE ratio of -1.17 and a beta of 1.03.

Institutional Investors Weigh In On LiqTech International

An institutional investor recently raised its position in LiqTech International stock. HighTower Advisors LLC raised its position in shares of LiqTech International, Inc. (NASDAQ:LIQT – Free Report) by 40.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,599 shares of the company’s stock after purchasing an additional 11,043 shares during the period. HighTower Advisors LLC owned 0.66% of LiqTech International worth $99,000 as of its most recent SEC filing. 35.06% of the stock is currently owned by institutional investors.

LiqTech International Company Profile

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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.