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

StockNews.com assumed coverage on shares of LiqTech International (NASDAQ:LIQT) in a report published on Saturday. The brokerage issued a sell rating on the stock.

Several other research analysts also recently weighed in on the stock. Ascendiant Capital Markets reaffirmed a “buy” rating and issued a $5.15 target price on shares of LiqTech International in a report on Monday, August 26th. Lake Street Capital lowered their price objective on LiqTech International from $9.00 to $6.00 and set a “buy” rating on the stock in a research report on Thursday, October 10th.

LiqTech International Stock Down 1.3 %

LIQT stock opened at $1.72 on Friday. The business’s 50-day moving average price is $2.56 and its 200-day moving average price is $2.48. The stock has a market cap of $10.04 million, a P/E ratio of -1.09 and a beta of 0.99. The company has a quick ratio of 1.85, a current ratio of 2.74 and a debt-to-equity ratio of 0.55. LiqTech International has a twelve month low of $1.70 and a twelve month high of $4.10.

LiqTech International (NASDAQ:LIQT) last issued its quarterly earnings results on Wednesday, August 14th. The company reported ($0.36) earnings per share for the quarter. The firm had revenue of $4.49 million for the quarter. LiqTech International had a negative net margin of 51.50% and a negative return on equity of 57.61%. On average, equities research analysts forecast that LiqTech International will post -1.44 EPS for the current year.

LiqTech International Company 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.