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

Research analysts at StockNews.com assumed coverage on shares of LiqTech International (NASDAQ:LIQT) in a note issued to investors on Saturday. The brokerage set a “sell” rating on the stock.

A number of other research firms have also weighed in on LIQT. Lake Street Capital decreased their target price on shares of LiqTech International from $9.00 to $6.00 and set a “buy” rating on the stock in a research note on Thursday, October 10th. Ascendiant Capital Markets reiterated a “buy” rating and set a $5.15 price objective on shares of LiqTech International in a research report on Monday, August 26th.

LiqTech International Trading Down 1.3 %

Shares of LIQT stock opened at $1.72 on Friday. LiqTech International has a 1-year low of $1.70 and a 1-year high of $4.10. The company has a market cap of $10.04 million, a price-to-earnings ratio of -1.09 and a beta of 0.99. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.74 and a quick ratio of 1.85. The stock has a 50 day simple moving average of $2.56 and a 200-day simple moving average of $2.48.

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. LiqTech International had a negative net margin of 51.50% and a negative return on equity of 57.61%. The company had revenue of $4.49 million during the quarter. On average, equities research analysts expect that LiqTech International will post -1.44 EPS for the current fiscal 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.