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

Equities research analysts at StockNews.com initiated coverage on shares of LiqTech International (NASDAQ:LIQTGet Free Report) in a report issued on Wednesday. The brokerage set a “sell” rating on the stock.

LiqTech International Trading Down 0.3 %

Shares of LIQT opened at $3.38 on Wednesday. LiqTech International has a 1 year low of $2.80 and a 1 year high of $4.66. The company has a current ratio of 4.04, a quick ratio of 3.37 and a debt-to-equity ratio of 0.37. The stock has a 50 day simple moving average of $3.34 and a 200-day simple moving average of $3.34. The stock has a market cap of $19.13 million, a PE ratio of -1.32 and a beta of 1.16.

LiqTech International (NASDAQ:LIQTGet Free Report) last issued its earnings results on Thursday, May 11th. The company reported ($0.40) earnings per share (EPS) for the quarter. LiqTech International had a negative return on equity of 47.54% and a negative net margin of 78.33%. The company had revenue of $4.01 million during the quarter.

Hedge Funds Weigh In On LiqTech International

A number of hedge funds have recently modified their holdings of the stock. Virtu Financial LLC acquired a new stake in LiqTech International during the 1st quarter valued at $92,000. WealthTrust Axiom LLC increased its holdings in LiqTech International by 7.5% during the 1st quarter. WealthTrust Axiom LLC now owns 763,297 shares of the company’s stock valued at $359,000 after purchasing an additional 53,500 shares in the last quarter. Meros Investment Management LP increased its holdings in LiqTech International by 12.9% during the 1st quarter. Meros Investment Management LP now owns 476,949 shares of the company’s stock valued at $1,168,000 after purchasing an additional 54,637 shares in the last quarter. Millennium Management LLC acquired a new stake in LiqTech International during the 2nd quarter valued at $116,000. Finally, Renaissance Technologies LLC acquired a new stake in LiqTech International during the 2nd quarter valued at $196,000.

About LiqTech International

(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. It operates in three segments: Water, Ceramics, and Plastics.

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