LiqTech International (NASDAQ:LIQT) Now Covered by Analysts at StockNews.com

StockNews.com assumed coverage on shares of LiqTech International (NASDAQ:LIQT) in a research note released on Monday. The firm issued a sell rating on the stock.

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

LiqTech International Trading Down 7.9 %

Shares of NASDAQ LIQT opened at $2.20 on Monday. The company has a current ratio of 2.74, a quick ratio of 1.85 and a debt-to-equity ratio of 0.55. LiqTech International has a one year low of $1.90 and a one year high of $4.10. The business has a 50-day moving average price of $2.69 and a two-hundred day moving average price of $2.53. The firm has a market capitalization of $12.78 million, a PE ratio of -1.48 and a beta of 0.94.

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