LiqTech International (NASDAQ:LIQT) Receives New Coverage from Analysts at StockNews.com

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

A number of other equities analysts have also weighed in on the stock. Lake Street Capital reduced their target price on shares of LiqTech International from $9.00 to $6.00 and set a buy rating for the company in a research note on Thursday, October 10th. Ascendiant Capital Markets reaffirmed a buy rating and issued a $5.15 target price on shares of LiqTech International in a research note on Monday, August 26th.

LiqTech International Price Performance

Shares of LIQT stock opened at $2.31 on Tuesday. LiqTech International has a 12-month low of $1.90 and a 12-month high of $4.10. The firm has a market capitalization of $13.44 million, a price-to-earnings ratio of -1.55 and a beta of 0.94. The company has a quick ratio of 1.85, a current ratio of 2.74 and a debt-to-equity ratio of 0.55. The firm has a fifty day moving average of $2.69 and a 200-day moving average of $2.55.

LiqTech International (NASDAQ:LIQT) last announced its quarterly earnings results on Wednesday, August 14th. The company reported ($0.36) earnings per share (EPS) 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 research analysts forecast that LiqTech International will post -1.44 earnings per share 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.