LiqTech International Inc (NYSEAMERICAN:LIQT) saw unusually-strong trading volume on Thursday . Approximately 103,485 shares traded hands during mid-day trading, an increase of 5% from the previous session’s volume of 98,419 shares.The stock last traded at $0.40 and had previously closed at $0.40.
Separately, Zacks Investment Research upgraded shares of LiqTech International from a “hold” rating to a “buy” rating and set a $0.50 price target for the company in a research note on Friday, December 8th.
The stock has a market cap of $15.30, a P/E ratio of -0.83 and a beta of 0.96.
A hedge fund recently raised its stake in LiqTech International stock. WealthTrust Axiom LLC raised its position in LiqTech International Inc (NYSEAMERICAN:LIQT) by 34.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,243,554 shares of the industrial goods maker’s stock after purchasing an additional 319,000 shares during the period. WealthTrust Axiom LLC owned 2.81% of LiqTech International worth $706,000 at the end of the most recent reporting period.
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About LiqTech International
LiqTech International, Inc is a clean technology company that provides technologies for gas and liquid purification by manufacturing ceramic silicon carbide filters. The Company develops and manufactures products of re-crystallized silicon carbide. It specializes in two business areas, which include ceramic membranes for liquid filtration, and diesel particulate filters (DPFs) for the control of soot exhaust particles from diesel engines.
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