LiqTech International (NASDAQ:LIQT) Research Coverage Started at StockNews.com

StockNews.com began coverage on shares of LiqTech International (NASDAQ:LIQT) in a research note published on Monday. The firm issued a sell rating on the stock.

Several other research firms also recently commented on LIQT. Lake Street Capital lowered their price target 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. Ascendiant Capital Markets decreased their target price on LiqTech International from $5.15 to $3.20 and set a “buy” rating for the company in a report on Monday, November 25th.

LiqTech International Trading Up 0.9 %

Shares of LIQT stock opened at $1.81 on Monday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.62 and a current ratio of 2.66. LiqTech International has a 52-week low of $1.51 and a 52-week high of $3.59. The company has a market capitalization of $17.06 million, a PE ratio of -0.99 and a beta of 1.00. The business’s fifty day moving average is $1.84 and its 200 day moving average is $2.21.

Institutional Inflows and Outflows

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% in the third quarter, according to the company in its most recent disclosure 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 quarter. HighTower Advisors LLC owned approximately 0.66% of LiqTech International worth $99,000 at the end of the most recent quarter. 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.