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

Equities research analysts at StockNews.com initiated coverage on shares of LiqTech International (NASDAQ:LIQT) in a note issued to investors on Wednesday. The brokerage set a “sell” rating on the stock.

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

LiqTech International Stock Performance

NASDAQ LIQT opened at $2.64 on Wednesday. The stock has a market cap of $15.33 million, a PE ratio of -1.78 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 has a twelve month low of $2.55 and a twelve month high of $4.20. The stock has a fifty day simple moving average of $3.00 and a 200-day simple moving average of $3.32.

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

Institutional Investors Weigh In On LiqTech International

A hedge fund recently bought a new stake in LiqTech International stock. Mission Wealth Management LP bought a new position in shares of LiqTech International, Inc. (NASDAQ:LIQT) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 18,750 shares of the company’s stock, valued at approximately $73,000. Mission Wealth Management LP owned approximately 0.33% of LiqTech International as of its most recent filing with the SEC. 35.06% of the stock is owned by hedge funds and other 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. It operates in three segments: Water, Ceramics, and Plastics.