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

StockNews.com started coverage on shares of LiqTech International (NASDAQ:LIQT) in a research report report published on Friday morning. The firm issued a sell rating on the stock.

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

LiqTech International Stock Performance

NASDAQ LIQT opened at $1.69 on Friday. The company has a current ratio of 2.66, a quick ratio of 1.62 and a debt-to-equity ratio of 0.60. LiqTech International has a 12-month low of $1.51 and a 12-month high of $3.61. The stock has a market capitalization of $15.97 million, a price-to-earnings ratio of -0.93 and a beta of 1.03. The business’s 50 day moving average is $1.91 and its two-hundred day moving average is $2.28.

Institutional Investors Weigh In On LiqTech International

A hedge fund recently raised its stake in LiqTech International stock. HighTower Advisors LLC increased its holdings in LiqTech International, Inc. (NASDAQ:LIQT) by 40.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. 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 approximately 0.66% of LiqTech International worth $99,000 at the end of the most recent reporting period. Institutional investors own 35.06% of the company’s stock.

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.