LiqTech International (LIQT) Scheduled to Post Earnings on Thursday

LiqTech International (NASDAQ:LIQT) is set to release its earnings data before the market opens on Thursday, November 14th. Analysts expect LiqTech International to post earnings of ($0.34) per share for the quarter.

LiqTech International (NASDAQ:LIQT) last posted its quarterly earnings results on Wednesday, August 14th. The company reported ($0.36) earnings per share for the quarter. The business had revenue of $4.49 million during the quarter. LiqTech International had a negative return on equity of 57.61% and a negative net margin of 51.50%. On average, analysts expect LiqTech International to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

LiqTech International Trading Up 1.9 %

LiqTech International stock opened at $1.87 on Wednesday. LiqTech International has a 1 year low of $1.70 and a 1 year high of $4.10. The firm’s 50 day moving average price is $2.41 and its 200-day moving average price is $2.44. 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 market cap of $10.94 million, a P/E ratio of -1.18 and a beta of 0.98.

Analyst Ratings Changes

LIQT has been the topic of a number of research reports. Lake Street Capital reduced their price target on shares of LiqTech International from $9.00 to $6.00 and set a “buy” rating on the stock in a report on Thursday, October 10th. StockNews.com initiated coverage on LiqTech International in a research report on Friday, November 8th. They issued a “sell” rating on the stock. Finally, Ascendiant Capital Markets reissued a “buy” rating and set a $5.15 price target on shares of LiqTech International in a research note on Monday, August 26th.

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.