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

Equities researchers at StockNews.com began coverage on shares of LiqTech International (NASDAQ:LIQT) in a research report issued on Wednesday. The firm set a “sell” rating on the stock.

Separately, Ascendiant Capital Markets began coverage on LiqTech International in a report on Monday, February 26th. They issued a “buy” rating and a $5.15 price target for the company.

LiqTech International Trading Down 1.1 %

Shares of LIQT stock opened at $2.60 on Wednesday. The firm has a 50-day moving average price of $3.03 and a 200 day moving average price of $3.33. LiqTech International has a twelve month low of $2.55 and a twelve month high of $4.20. The company has a market capitalization of $15.11 million, a price-to-earnings ratio of -1.76 and a beta of 0.73. The company has a current ratio of 2.95, a quick ratio of 2.24 and a debt-to-equity ratio of 0.44.

LiqTech International (NASDAQ:LIQT) last announced its earnings results on Thursday, March 21st. The company reported ($0.56) earnings per share for the quarter. LiqTech International had a negative net margin of 47.61% and a negative return on equity of 43.92%. The firm had revenue of $3.93 million during the quarter.

Institutional Trading of LiqTech International

An institutional investor recently bought a new position in LiqTech International stock. Mission Wealth Management LP purchased a new stake in LiqTech International, Inc. (NASDAQ:LIQT) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 18,750 shares of the company’s stock, valued at approximately $73,000. Mission Wealth Management LP owned 0.33% of LiqTech International at the end of the most recent reporting period. Institutional investors and hedge funds own 35.06% of the company’s stock.

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. It operates in three segments: Water, Ceramics, and Plastics.