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

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

A number of other research firms have also recently issued reports on LIQT. Ascendiant Capital Markets reissued a “buy” rating and issued a $5.15 target price on shares of LiqTech International in a research note on Monday, August 26th. Lake Street Capital reduced their price objective on 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 Stock Down 1.3 %

NASDAQ:LIQT opened at $1.72 on Friday. LiqTech International has a 1 year low of $1.70 and a 1 year high of $4.10. The company has a current ratio of 2.74, a quick ratio of 1.85 and a debt-to-equity ratio of 0.55. The stock has a market cap of $10.03 million, a price-to-earnings ratio of -1.09 and a beta of 0.94. The stock has a 50-day moving average price of $2.58 and a two-hundred day moving average price of $2.49.

LiqTech International (NASDAQ:LIQT) last posted its 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 business had revenue of $4.49 million during the quarter. As a group, equities 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.