LiqTech International (NASDAQ:LIQT) Receives New Coverage from Analysts at StockNews.com

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

Separately, Ascendiant Capital Markets started coverage on shares of LiqTech International in a research report on Monday, February 26th. They set a buy rating and a $5.15 price target on the stock.

LiqTech International Trading Up 3.3 %

Shares of LIQT opened at $2.80 on Monday. LiqTech International has a 52-week low of $2.55 and a 52-week high of $4.20. The stock has a fifty day moving average price of $2.90 and a two-hundred day moving average price of $3.26. The company has a market cap of $16.27 million, a price-to-earnings ratio of -1.89 and a beta of 0.78. The company has a debt-to-equity ratio of 0.44, a quick ratio of 2.24 and a current ratio of 2.95.

LiqTech International (NASDAQ:LIQT) last announced its quarterly earnings data on Thursday, March 21st. The company reported ($0.56) earnings per share (EPS) for the quarter. The business had revenue of $3.93 million during 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

A hedge fund recently raised its stake in LiqTech International stock. WealthTrust Axiom LLC increased its stake in shares of LiqTech International, Inc. (NASDAQ:LIQT) by 17.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 146,555 shares of the company’s stock after buying an additional 21,323 shares during the quarter. WealthTrust Axiom LLC owned about 2.56% of LiqTech International worth $500,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 35.06% of the company’s stock.

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. It operates in three segments: Water, Ceramics, and Plastics.