LiqTech International (LIQT) Trading 9.3% Higher

LiqTech International Inc (NYSEAMERICAN:LIQT)’s share price traded up 9.3% during mid-day trading on Tuesday . The stock traded as high as $8.84 and last traded at $8.55. 662,852 shares traded hands during trading, an increase of 320% from the average session volume of 157,779 shares. The stock had previously closed at $7.82.

Several equities analysts recently issued reports on the stock. B. Riley assumed coverage on shares of LiqTech International in a report on Friday, March 1st. They set a “buy” rating and a $12.00 price objective on the stock. Zacks Investment Research raised shares of LiqTech International from a “hold” rating to a “buy” rating and set a $8.00 price objective on the stock in a report on Thursday, May 2nd. Finally, Craig Hallum reissued a “buy” rating and set a $13.00 price objective (up from $12.00) on shares of LiqTech International in a report on Tuesday.

LiqTech International (NYSEAMERICAN:LIQT) last released its quarterly earnings results on Thursday, March 28th. The industrial goods maker reported ($0.08) earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.08). The firm had revenue of $2.90 million during the quarter, compared to analysts’ expectations of $3.07 million.



A number of hedge funds and other institutional investors have recently added to or reduced their stakes in LIQT. Vanguard Group Inc. grew its holdings in LiqTech International by 17.9% in the third quarter. Vanguard Group Inc. now owns 466,962 shares of the industrial goods maker’s stock worth $775,000 after purchasing an additional 70,813 shares during the last quarter. Vanguard Group Inc grew its holdings in LiqTech International by 17.9% in the third quarter. Vanguard Group Inc now owns 466,962 shares of the industrial goods maker’s stock worth $775,000 after purchasing an additional 70,813 shares during the last quarter. Calamos Wealth Management LLC purchased a new position in LiqTech International in the fourth quarter worth $69,000. WealthTrust Axiom LLC grew its holdings in LiqTech International by 5.3% in the fourth quarter. WealthTrust Axiom LLC now owns 1,871,914 shares of the industrial goods maker’s stock worth $2,564,000 after purchasing an additional 94,500 shares during the last quarter. Finally, Clear Harbor Asset Management LLC grew its holdings in LiqTech International by 1.4% in the fourth quarter. Clear Harbor Asset Management LLC now owns 2,000,226 shares of the industrial goods maker’s stock worth $2,740,000 after purchasing an additional 28,500 shares during the last quarter.

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About LiqTech International (NYSEAMERICAN:LIQT)

LiqTech International, Inc, a clean technology company, provides technologies for gas and liquid purification by manufacturing ceramic silicon carbide filters. The company manufactures and sells ceramic silicon carbide membranes and systems for liquid filtration under the LiqTech, Cometas, and Provital brand names, which are used for the filtration of produced water, pre-filtration of reverse osmosis drinking water, industrial applications, producing clean drinking water, and pool and spa water, as well as marine scrubber bleed water.

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