Stock analysts at StockNews.com started coverage on shares of LiqTech International (NASDAQ:LIQT – Get Free Report) in a research note issued to investors on Tuesday. The firm set 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 target price on the stock.
Read Our Latest Stock Analysis on LiqTech International
LiqTech International Price Performance
LiqTech International (NASDAQ:LIQT – Get Free Report) last issued its earnings results on Thursday, March 21st. The company reported ($0.56) earnings per share for the quarter. The business had revenue of $3.93 million for the quarter. LiqTech International had a negative return on equity of 43.92% and a negative net margin of 47.61%.
Institutional Investors Weigh In On LiqTech International
Hedge funds have recently made changes to their positions in the company. Mesirow Financial Investment Management Inc. acquired a new stake in LiqTech International during the 1st quarter valued at $46,000. WealthTrust Axiom LLC raised its position in LiqTech International by 17.4% during the third 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 during the period. Finally, Mission Wealth Management LP purchased a new stake in LiqTech International in the 3rd quarter worth about $73,000. Hedge funds and other institutional investors own 35.06% of the company’s stock.
About LiqTech International
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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