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

Investment analysts at StockNews.com assumed coverage on shares of LiqTech International (NASDAQ:LIQT) in a report issued on Monday. The firm set a “sell” rating on the stock.

Several other brokerages also recently commented on LIQT. Lake Street Capital lowered their target price on shares of LiqTech International from $9.00 to $6.00 and set a “buy” rating for the company in a report on Thursday, October 10th. Ascendiant Capital Markets reiterated a “buy” rating and issued a $5.15 target price on shares of LiqTech International in a report on Monday, August 26th.

LiqTech International Stock Performance

LIQT opened at $2.39 on Monday. 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 company’s fifty day moving average price is $2.69 and its two-hundred day moving average price is $2.54. LiqTech International has a 1-year low of $1.90 and a 1-year high of $4.10. The company has a market cap of $13.88 million, a price-to-earnings ratio of -1.60 and a beta of 0.94.

LiqTech International (NASDAQ:LIQT) last released 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 business had revenue of $4.49 million for the quarter. On average, analysts expect that LiqTech International will post -1.44 EPS for the current fiscal year.

About LiqTech International

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.