LiqTech International (NASDAQ:LIQT) Receives New Coverage from Analysts at StockNews.com

Equities researchers at StockNews.com initiated coverage on shares of LiqTech International (NASDAQ:LIQT) in a report released on Wednesday. The firm set a “sell” rating on the stock.

LIQT has been the topic of several other research reports. Lake Street Capital lowered their price objective on shares of LiqTech International from $10.00 to $9.00 and set a “buy” rating on the stock in a research report on Thursday, September 5th. Ascendiant Capital Markets reiterated a “buy” rating and issued a $5.15 target price on shares of LiqTech International in a research note on Monday, August 26th.

LiqTech International Price Performance

LIQT opened at $2.28 on Wednesday. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.74 and a quick ratio of 1.85. The company’s 50-day moving average is $2.67 and its 200 day moving average is $2.58. LiqTech International has a fifty-two week low of $1.90 and a fifty-two week high of $4.10. The firm has a market capitalization of $13.24 million, a P/E ratio of -1.53 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) EPS for the quarter. The company had revenue of $4.49 million during the quarter. LiqTech International had a negative return on equity of 57.61% and a negative net margin of 51.50%.

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.