LiqTech International (LIQT) Scheduled to Post Quarterly Earnings on Thursday

LiqTech International (NASDAQ:LIQT) is scheduled to post its quarterly earnings results before the market opens on Thursday, November 14th. Analysts expect LiqTech International to post earnings of ($0.34) per share for the quarter. LiqTech International has set its Q3 2024 guidance at EPS.

LiqTech International (NASDAQ:LIQT) last posted its quarterly earnings data on Wednesday, August 14th. The company reported ($0.36) earnings per share (EPS) for the quarter. The firm 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%. On average, analysts expect LiqTech International to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

LiqTech International Price Performance

Shares of NASDAQ LIQT opened at $1.84 on Tuesday. The firm’s 50-day moving average is $2.45 and its 200-day moving average is $2.45. 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 1 year low of $1.70 and a 1 year high of $4.10. The firm has a market capitalization of $10.74 million, a PE ratio of -1.16 and a beta of 0.98.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on LIQT shares. Ascendiant Capital Markets reissued a “buy” rating and set a $5.15 price objective on shares of LiqTech International in a research note on Monday, August 26th. Lake Street Capital reduced their price target 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. Finally, StockNews.com started coverage on LiqTech International in a research note on Friday. They issued a “sell” rating on the stock.

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.