LiqTech International (NYSEAMERICAN:LIQT) Shares Up 6.2%

LiqTech International Inc (NYSEAMERICAN:LIQT)’s share price was up 6.2% during trading on Tuesday . The stock traded as high as $7.46 and last traded at $7.33, approximately 278,500 shares were traded during trading. An increase of 54% from the average daily volume of 180,661 shares. The stock had previously closed at $6.90.

Several equities analysts recently issued reports on LIQT shares. Zacks Investment Research lowered LiqTech International from a “hold” rating to a “sell” rating in a research report on Friday. B. Riley set a $12.00 price target on LiqTech International and gave the stock a “buy” rating in a research report on Monday, August 26th. One investment analyst has rated the stock with a sell rating and four have issued a buy rating to the stock. LiqTech International presently has a consensus rating of “Buy” and an average price target of $11.70.

LiqTech International (NYSEAMERICAN:LIQT) last released its earnings results on Wednesday, August 14th. The industrial goods maker reported $0.01 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.01. The firm had revenue of $9.30 million during the quarter, compared to analysts’ expectations of $8.36 million.

In related news, CFO Claus Toftegaard acquired 1,500 shares of the stock in a transaction on Monday, August 26th. The stock was acquired at an average price of $10,000.00 per share, for a total transaction of $15,000,000.00. Following the completion of the purchase, the chief financial officer now owns 1,500 shares of the company’s stock, valued at $15,000,000. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Institutional investors have recently bought and sold shares of the business. Tower Research Capital LLC TRC bought a new stake in shares of LiqTech International in the 2nd quarter worth $31,000. Jane Street Group LLC bought a new stake in shares of LiqTech International in the second quarter worth $121,000. Cadence Capital Management LLC bought a new stake in shares of LiqTech International in the third quarter worth $134,000. Granite Investment Partners LLC bought a new stake in shares of LiqTech International in the second quarter worth $228,000. Finally, Renaissance Technologies LLC bought a new stake in shares of LiqTech International in the second quarter worth $519,000.

LiqTech International Company Profile (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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