LiqTech International (NASDAQ:LIQT) Earns Sell Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of LiqTech International (NASDAQ:LIQT) in a report released on Thursday morning. The brokerage issued a sell rating on the stock.

Several other equities research analysts have also issued reports on the stock. Lake Street Capital lowered their target price on shares of LiqTech International from $10.00 to $9.00 and set a buy rating on the stock in a research note on Thursday, September 5th. Ascendiant Capital Markets reiterated a buy rating and set a $5.15 price target on shares of LiqTech International in a research report on Monday, August 26th.

LiqTech International Stock Up 3.3 %

Shares of LIQT stock opened at $2.48 on Thursday. LiqTech International has a twelve month low of $1.90 and a twelve month high of $4.10. The stock has a market cap of $14.40 million, a P/E ratio of -1.66 and a beta of 0.94. The stock has a 50 day moving average of $2.67 and a 200 day moving average of $2.59. The company has a current ratio of 2.74, a quick ratio of 1.85 and a debt-to-equity ratio of 0.55.

LiqTech International (NASDAQ:LIQT) last posted its earnings results on Wednesday, August 14th. The company reported ($0.36) earnings per share for the quarter. LiqTech International had a negative net margin of 51.50% and a negative return on equity of 57.61%. The firm had revenue of $4.49 million for the quarter.

Institutional Trading of LiqTech International

An institutional investor recently bought a new position in LiqTech International stock. Mesirow Financial Investment Management Inc. bought a new stake in shares of LiqTech International, Inc. (NASDAQ:LIQT) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 14,903 shares of the company’s stock, valued at approximately $46,000. Mesirow Financial Investment Management Inc. owned about 0.26% of LiqTech International at the end of the most recent reporting period. 35.06% of the stock is currently owned by institutional investors.

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. The company operates through Water, Ceramics, and Plastics segments.