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

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

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

LiqTech International Stock Up 2.7 %

Shares of NASDAQ LIQT opened at $3.09 on Monday. The company has a current ratio of 2.95, a quick ratio of 2.59 and a debt-to-equity ratio of 0.44. LiqTech International has a 12 month low of $2.83 and a 12 month high of $4.20. The firm has a market capitalization of $17.95 million, a PE ratio of -2.09 and a beta of 0.73. The firm has a fifty day simple moving average of $3.22 and a two-hundred day simple moving average of $3.47.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. WealthTrust Axiom LLC increased its position in LiqTech International by 17.4% during the third quarter. WealthTrust Axiom LLC now owns 125,232 shares of the company’s stock valued at $487,000 after acquiring an additional 18,600 shares during the last quarter. Mission Wealth Management LP bought a new position in LiqTech International during the third quarter valued at $73,000. Virtu Financial LLC bought a new position in LiqTech International during the first quarter valued at $92,000. Meros Investment Management LP increased its position in LiqTech International by 12.9% during the first quarter. Meros Investment Management LP now owns 476,949 shares of the company’s stock valued at $1,168,000 after acquiring an additional 54,637 shares during the last quarter. Finally, Millennium Management LLC bought a new position in shares of LiqTech International in the second quarter worth about $116,000. 35.06% of the stock is owned by hedge funds and other 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.