LiqTech International (NASDAQ:LIQT) Coverage Initiated by Analysts at StockNews.com

Posted by ABMN Staff on Nov 18th, 2024

StockNews.com started coverage on shares of LiqTech International (NASDAQ:LIQT – Free Report) in a report issued on Thursday morning. The brokerage issued a sell rating on the stock.

LIQT has been the subject of several other reports. Lake Street Capital decreased their target price on shares of LiqTech International from $9.00 to $6.00 and set a “buy” rating for the company in a research note on Thursday, October 10th. Ascendiant Capital Markets reaffirmed a “buy” rating and issued a $5.15 target price on shares of LiqTech International in a report on Monday, August 26th.

Read Our Latest Stock Analysis on LIQT

LiqTech International Price Performance

Shares of NASDAQ LIQT opened at $1.53 on Thursday. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.74 and a quick ratio of 1.85. The business has a 50-day moving average of $2.34 and a 200-day moving average of $2.42. The stock has a market capitalization of $8.95 million, a price-to-earnings ratio of -0.84 and a beta of 0.98. LiqTech International has a fifty-two week low of $1.51 and a fifty-two week high of $3.77.

Institutional Investors Weigh In On LiqTech International

A hedge fund recently raised its stake in LiqTech International stock. HighTower Advisors LLC lifted its position in shares of LiqTech International, Inc. (NASDAQ:LIQT – Free Report) by 40.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 38,599 shares of the company’s stock after purchasing an additional 11,043 shares during the period. HighTower Advisors LLC owned 0.66% of LiqTech International worth $99,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 35.06% of the company’s stock.

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. The company operates through Water, Ceramics, and Plastics segments.