LiqTech International (LIQT) Expected to Announce Quarterly Earnings on Thursday

LiqTech International (NASDAQ:LIQT) is projected to release its earnings data before the market opens on Thursday, March 20th. Analysts expect LiqTech International to post earnings of ($0.37) per share for the quarter.

LiqTech International Trading Up 1.4 %

Shares of LIQT opened at $1.44 on Wednesday. The company has a quick ratio of 1.62, a current ratio of 2.66 and a debt-to-equity ratio of 0.60. LiqTech International has a 12-month low of $1.34 and a 12-month high of $3.42. The firm has a market capitalization of $13.61 million, a PE ratio of -0.79 and a beta of 0.98. The stock’s fifty day simple moving average is $1.66 and its 200-day simple moving average is $1.99.

Analyst Upgrades and Downgrades

Several research firms have weighed in on LIQT. Ascendiant Capital Markets cut their target price on LiqTech International from $5.15 to $3.20 and set a “buy” rating on the stock in a research note on Monday, November 25th. StockNews.com began coverage on LiqTech International in a research note on Monday, January 13th. They issued a “sell” rating on the 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. The company operates through Water, Ceramics, and Plastics segments.