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

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

LiqTech International Trading Up 6.6 %

LIQT stock opened at $1.56 on Thursday. LiqTech International has a 12 month low of $1.34 and a 12 month high of $3.20. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.66 and a quick ratio of 1.62. The firm’s 50-day moving average is $1.59 and its 200 day moving average is $1.88. The company has a market capitalization of $14.99 million, a PE ratio of -0.86 and a beta of 0.93.

LiqTech International (NASDAQ:LIQT) last posted its quarterly earnings results on Friday, March 28th. The company reported ($0.39) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.37) by ($0.02). The business had revenue of $3.80 million for the quarter, compared to analyst estimates of $3.80 million. LiqTech International had a negative return on equity of 76.05% and a negative net margin of 69.76%. On average, research analysts anticipate that LiqTech International will post -1.64 EPS for the current year.

Institutional Trading of LiqTech International

Large investors have recently added to or reduced their stakes in the stock. HighTower Advisors LLC grew its holdings in shares of LiqTech International by 40.1% in the third quarter. HighTower Advisors LLC now owns 38,599 shares of the company’s stock valued at $99,000 after purchasing an additional 11,043 shares during the period. Geode Capital Management LLC boosted its holdings in LiqTech International by 73.9% in the 4th quarter. Geode Capital Management LLC now owns 63,799 shares of the company’s stock valued at $116,000 after purchasing an additional 27,120 shares during the last quarter. WealthTrust Axiom LLC grew its stake in shares of LiqTech International by 15.1% in the 4th quarter. WealthTrust Axiom LLC now owns 207,862 shares of the company’s stock valued at $383,000 after buying an additional 27,300 shares during the period. Finally, Bleichroeder LP increased its holdings in shares of LiqTech International by 451.4% during the 4th quarter. Bleichroeder LP now owns 3,182,239 shares of the company’s stock worth $5,865,000 after buying an additional 2,605,129 shares during the last quarter. 35.06% of the stock is currently 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. The company operates through Water, Ceramics, and Plastics segments.