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

LiqTech International (NASDAQ:LIQT) is scheduled to release its earnings data 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 (NASDAQ:LIQT) last announced its earnings results on Wednesday, August 14th. The company reported ($0.36) earnings per share (EPS) for the quarter. LiqTech International had a negative return on equity of 57.61% and a negative net margin of 51.50%. The firm had revenue of $4.49 million during the quarter. 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

NASDAQ LIQT opened at $1.87 on Wednesday. The company has a 50-day moving average price of $2.41 and a 200-day moving average price of $2.44. LiqTech International has a 52 week low of $1.70 and a 52 week high of $4.10. The company has a quick ratio of 1.85, a current ratio of 2.74 and a debt-to-equity ratio of 0.55. The firm has a market capitalization of $10.94 million, a P/E ratio of -1.18 and a beta of 0.98.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Ascendiant Capital Markets reaffirmed a “buy” rating and set a $5.15 target price on shares of LiqTech International in a report on Monday, August 26th. StockNews.com initiated coverage on LiqTech International in a report on Friday, November 8th. They issued a “sell” rating on the stock. Finally, Lake Street Capital cut their price target on LiqTech International from $9.00 to $6.00 and set a “buy” rating for the company in a report on Thursday, October 10th.

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.