WealthTrust Axiom LLC Raises Holdings in LiqTech International, Inc. (NASDAQ:LIQT)

WealthTrust Axiom LLC increased its position in LiqTech International, Inc. (NASDAQ:LIQT) by 15.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 207,862 shares of the company’s stock after acquiring an additional 27,300 shares during the quarter. WealthTrust Axiom LLC owned about 2.20% of LiqTech International worth $383,000 as of its most recent SEC filing.

Separately, HighTower Advisors LLC increased its stake in shares of LiqTech International by 40.1% in the third quarter. HighTower Advisors LLC now owns 38,599 shares of the company’s stock worth $99,000 after purchasing an additional 11,043 shares in the last quarter. Institutional investors and hedge funds own 35.06% of the company’s stock.

Analyst Ratings Changes

LIQT has been the topic of a number of recent research reports. Ascendiant Capital Markets restated a “buy” rating and set a $3.40 price target (up from $3.20) on shares of LiqTech International in a research note on Monday, April 7th. StockNews.com began coverage on LiqTech International in a research report on Wednesday. They set a “sell” rating on the stock.

LiqTech International Trading Up 14.3 %

Shares of LIQT opened at $1.68 on Friday. LiqTech International, Inc. has a twelve month low of $1.34 and a twelve month high of $3.20. The stock has a market cap of $16.14 million, a PE ratio of -0.92 and a beta of 0.93. 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’s 50-day moving average price is $1.56 and its 200-day moving average price is $1.82.

LiqTech International (NASDAQ:LIQT) last posted its earnings results on Friday, March 28th. The company reported ($0.39) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.37) by ($0.02). LiqTech International had a negative return on equity of 76.05% and a negative net margin of 69.76%. The firm had revenue of $3.80 million for the quarter, compared to the consensus estimate of $3.80 million. On average, equities analysts forecast that LiqTech International, Inc. will post -1.64 EPS for the current fiscal year.

LiqTech International Profile

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.