LiqTech International (NASDAQ:LIQT) Now Covered by Analysts at StockNews.com

StockNews.com started coverage on shares of LiqTech International (NASDAQ:LIQT) in a report issued on Friday. The firm set a “sell” rating on the stock.

Separately, Ascendiant Capital Markets began coverage on LiqTech International in a report on Monday, February 26th. They set a “buy” rating and a $5.15 price objective for the company.

LiqTech International Stock Down 1.5 %

Shares of LiqTech International stock opened at $2.69 on Friday. LiqTech International has a 1 year low of $2.55 and a 1 year high of $4.20. The business has a 50-day moving average of $2.80 and a two-hundred day moving average of $3.18. The company has a market capitalization of $15.63 million, a P/E ratio of -1.81 and a beta of 0.78. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.93 and a quick ratio of 2.10.

LiqTech International (NASDAQ:LIQT) last posted its quarterly earnings data on Tuesday, May 14th. The company reported ($0.41) earnings per share (EPS) for the quarter. The firm had revenue of $4.24 million for the quarter. LiqTech International had a negative return on equity of 48.20% and a negative net margin of 47.02%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in LiqTech International stock. Mesirow Financial Investment Management Inc. purchased a new stake in LiqTech International, Inc. (NASDAQ:LIQT) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 14,903 shares of the company’s stock, valued at approximately $46,000. Mesirow Financial Investment Management Inc. owned approximately 0.26% of LiqTech International as of its most recent SEC filing. 35.06% of the stock is 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. It operates in three segments: Water, Ceramics, and Plastics.