StockNews.com began coverage on shares of LiqTech International (NASDAQ:LIQT – Free Report) in a research note issued to investors on Tuesday. The brokerage issued a sell rating on the stock.
Separately, Ascendiant Capital Markets started coverage on LiqTech International in a research note on Monday, February 26th. They set a buy rating and a $5.15 price target for the company.
Check Out Our Latest Research Report on LIQT
LiqTech International Price Performance
LiqTech International (NASDAQ:LIQT – Get Free Report) last released its quarterly earnings results on Thursday, March 21st. The company reported ($0.56) earnings per share (EPS) for the quarter. The company had revenue of $3.93 million for the quarter. LiqTech International had a negative net margin of 47.61% and a negative return on equity of 43.92%.
Hedge Funds Weigh In On LiqTech International
Hedge funds and other institutional investors have recently modified their holdings of the business. Mesirow Financial Investment Management Inc. purchased a new position in shares of LiqTech International in the 1st quarter worth approximately $46,000. Mission Wealth Management LP purchased a new position in shares of LiqTech International in the 3rd quarter worth approximately $73,000. Finally, WealthTrust Axiom LLC boosted its stake in shares of LiqTech International by 17.4% in the 3rd quarter. WealthTrust Axiom LLC now owns 125,232 shares of the company’s stock worth $487,000 after buying an additional 18,600 shares during the last quarter. 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. It operates in three segments: Water, Ceramics, and Plastics.
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