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

Investment analysts at StockNews.com assumed coverage on shares of LiqTech International (NASDAQ:LIQT) in a report released on Thursday. The brokerage set a “sell” rating on the stock.

Other analysts have also recently issued reports about the stock. Ascendiant Capital Markets restated a “buy” rating and issued a $5.15 price target on shares of LiqTech International in a report on Monday, August 26th. Lake Street Capital decreased their price objective on shares of LiqTech International from $9.00 to $6.00 and set a “buy” rating for the company in a research report on Thursday, October 10th.

LiqTech International Stock Up 5.3 %

NASDAQ:LIQT opened at $1.97 on Thursday. LiqTech International has a fifty-two week low of $1.70 and a fifty-two week high of $4.10. The stock has a market capitalization of $11.52 million, a P/E ratio of -1.25 and a beta of 0.98. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.85 and a current ratio of 2.74. The company’s 50-day simple moving average is $2.39 and its 200-day simple moving average is $2.44.

LiqTech International (NASDAQ:LIQT) last released 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 firm had revenue of $4.49 million during the quarter. On average, equities analysts anticipate that LiqTech International will post -1.44 earnings per share 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.