LiqTech International (NASDAQ:LIQT) Now Covered by StockNews.com

Posted by ABMN Staff on Dec 23rd, 2024

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

LIQT has been the subject of several other research reports. Ascendiant Capital Markets dropped their target price on LiqTech International from $5.15 to $3.20 and set a “buy” rating for the company in a research report on Monday, November 25th. Lake Street Capital decreased their price target on LiqTech International from $9.00 to $6.00 and set a “buy” rating for the company in a research note on Thursday, October 10th.

Get Our Latest Stock Analysis on LIQT

LiqTech International Stock Down 2.9 %

Shares of LIQT opened at $1.69 on Friday. The company has a quick ratio of 1.62, a current ratio of 2.66 and a debt-to-equity ratio of 0.60. The business has a fifty day moving average of $1.91 and a 200 day moving average of $2.27. The company has a market cap of $15.97 million, a PE ratio of -0.93 and a beta of 1.03. LiqTech International has a 52-week low of $1.51 and a 52-week high of $3.61.

Hedge Funds Weigh In On LiqTech International

An institutional investor recently raised its position in LiqTech International stock. HighTower Advisors LLC lifted its position in LiqTech International, Inc. (NASDAQ:LIQT – Free Report) by 40.1% in the third quarter, according to its most recent Form 13F filing with the SEC. 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 at the end of the most recent quarter. 35.06% of the stock is owned by institutional investors.

LiqTech International Company Profile

(Get Free Report)

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.