StockNews.com Begins Coverage on LiqTech International (NASDAQ:LIQT)

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

Several other research firms have also weighed in on LIQT. Ascendiant Capital Markets reaffirmed a “buy” rating and issued a $5.15 price objective on shares of LiqTech International in a research note 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 note on Thursday, October 10th.

LiqTech International Stock Performance

NASDAQ LIQT opened at $1.92 on Monday. The business’s 50-day moving average price is $2.66 and its 200 day moving average price is $2.52. 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 twelve month low of $1.90 and a twelve month high of $4.10. The company has a market capitalization of $11.15 million, a PE ratio of -1.29 and a beta of 0.94.

LiqTech International (NASDAQ:LIQT) last announced its quarterly earnings data on Wednesday, August 14th. The company reported ($0.36) earnings per share for the quarter. LiqTech International had a negative return on equity of 57.61% and a negative net margin of 51.50%. The company had revenue of $4.49 million for the quarter. On average, research analysts predict 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.