Equities research analysts at StockNews.com initiated coverage on shares of LiqTech International (NASDAQ:LIQT – Get Free Report) in a research note issued on Tuesday. The brokerage set a “sell” rating on the stock.
Separately, Ascendiant Capital Markets began coverage on shares of LiqTech International in a report on Monday, February 26th. They issued a “buy” rating and a $5.15 price target for the company.
Read Our Latest Research Report on LiqTech International
LiqTech International Stock Down 1.1 %
LiqTech International (NASDAQ:LIQT – Get Free Report) last released its quarterly earnings results on Thursday, March 21st. The company reported ($0.56) earnings per share for the quarter. The firm had revenue of $3.93 million for the quarter. LiqTech International had a negative net margin of 47.61% and a negative return on equity of 43.92%.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of LIQT. Mission Wealth Management LP bought a new stake in shares of LiqTech International during the 3rd quarter worth approximately $73,000. WealthTrust Axiom LLC lifted its holdings in LiqTech International by 17.4% during the 3rd quarter. WealthTrust Axiom LLC now owns 125,232 shares of the company’s stock valued at $487,000 after buying an additional 18,600 shares in the last quarter. Finally, Mesirow Financial Investment Management Inc. purchased a new stake in LiqTech International in the 1st quarter valued at about $46,000. 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.
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