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

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

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

LiqTech International Trading Down 0.2 %

LIQT stock opened at $1.84 on Wednesday. LiqTech International has a 52 week low of $1.51 and a 52 week high of $3.61. The company has a market capitalization of $17.38 million, a PE ratio of -1.01 and a beta of 1.03. The company’s 50-day simple moving average is $1.83 and its 200 day simple moving average is $2.23. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.62 and a current ratio of 2.66.

Hedge Funds Weigh In On LiqTech International

A hedge fund recently raised its stake in LiqTech International stock. HighTower Advisors LLC boosted its position in LiqTech International, Inc. (NASDAQ:LIQT) by 40.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 38,599 shares of the company’s stock after acquiring an additional 11,043 shares during the quarter. HighTower Advisors LLC owned 0.66% of LiqTech International worth $99,000 at the end of the most recent reporting period. Hedge funds and other 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.