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

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

LIQT has been the subject of several other research reports. Lake Street Capital decreased 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 reiterated a “buy” rating and set a $5.15 target price on shares of LiqTech International in a research note on Monday, August 26th.

LiqTech International Stock Performance

NASDAQ LIQT opened at $1.95 on Friday. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.74 and a quick ratio of 1.85. LiqTech International has a 1 year low of $1.70 and a 1 year high of $4.10. The company has a market capitalization of $11.41 million, a PE ratio of -1.23 and a beta of 0.98. The company has a fifty day moving average of $2.47 and a two-hundred day moving average of $2.46.

LiqTech International (NASDAQ:LIQT) last released its quarterly earnings data 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 company had revenue of $4.49 million during the quarter. As a group, analysts expect 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.