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

Posted by Renee Jackson on May 10th, 2024

StockNews.com initiated coverage on shares of LiqTech International (NASDAQ:LIQT – Free Report) in a research report sent to investors on Monday. The brokerage issued a sell rating on the stock.

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

Read Our Latest Stock Analysis on LIQT

LiqTech International Price Performance

LiqTech International stock 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 firm has a market cap of $16.26 million, a P/E 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. The business’s fifty day moving average is $2.90 and its two-hundred day moving average is $3.25.

LiqTech International (NASDAQ:LIQT – Get Free Report) last issued its quarterly earnings data on Thursday, March 21st. The company reported ($0.56) EPS for the quarter. LiqTech International had a negative return on equity of 43.92% and a negative net margin of 47.61%. The company had revenue of $3.93 million for the quarter.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in LiqTech International stock. Mesirow Financial Investment Management Inc. purchased a new stake in LiqTech International, Inc. (NASDAQ:LIQT – Free Report) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund 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 at the end of the most recent reporting period. 35.06% of the stock is owned by institutional investors and hedge funds.

About LiqTech International

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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.