LiqTech International (NASDAQ:LIQT) Earns Sell Rating from Analysts at StockNews.com

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

Several other equities research analysts have also recently weighed in on the stock. Ascendiant Capital Markets reissued a “buy” rating and set a $5.15 price target on shares of LiqTech International in a research report on Monday, August 26th. Lake Street Capital dropped 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 report on Thursday, October 10th.

LiqTech International Trading Down 5.6 %

Shares of LIQT opened at $1.84 on Friday. The stock has a market capitalization of $10.76 million, a P/E ratio of -1.16 and a beta of 0.98. 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 simple moving average of $2.45 and a two-hundred day simple moving average of $2.45. LiqTech International has a twelve month low of $1.70 and a twelve month high of $4.10.

LiqTech International (NASDAQ:LIQT) last announced its quarterly earnings results on Wednesday, August 14th. The company reported ($0.36) earnings per share for the quarter. The firm had revenue of $4.49 million for the quarter. LiqTech International had a negative net margin of 51.50% and a negative return on equity of 57.61%. On average, research analysts anticipate that LiqTech International will post -1.44 EPS for the current year.

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.