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Stock analysts at Wm Smith began coverage on shares of LiqTech International (NASDAQ:LIQT) in a report issued on Monday, AR Network reports. The firm set a “not rated” rating and a $4.00 price target on the stock. Wm Smith’s target price suggests a potential upside of 136.69% from the stock’s previous close.

LiqTech International (NASDAQ:LIQT) traded down 3.55% during mid-day trading on Monday, hitting $1.63. 139,155 shares of the company’s stock traded hands. LiqTech International has a 1-year low of $1.67 and a 1-year high of $3.50. The stock’s 50-day moving average is $2.14 and its 200-day moving average is $2.38. The company’s market cap is $44.4 million.

LiqTech International, Inc (NASDAQ:LIQT) is a clean technology company that provides technologies for gases and liquid purification by manufacturing ceramic silicon carbide filters.

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