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

StockNews.com started coverage on shares of LiqTech International (NASDAQ:LIQT) in a research report report published on Tuesday. The firm issued a sell rating on the stock.

Several other research analysts have also issued reports on LIQT. Ascendiant Capital Markets reissued a “buy” rating and set a $5.15 target price on shares of LiqTech International in a research note on Monday, August 26th. Lake Street Capital reduced their target price on LiqTech International from $9.00 to $6.00 and set a “buy” rating for the company in a research note on Thursday, October 10th.

LiqTech International Stock Performance

LIQT stock opened at $2.39 on Tuesday. The firm has a market cap of $13.90 million, a PE ratio of -1.61 and a beta of 0.94. 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 50-day moving average price of $2.69 and a 200-day moving average price of $2.55. LiqTech International has a 1-year low of $1.90 and a 1-year high of $4.10.

LiqTech International (NASDAQ:LIQT) last issued its earnings results on Wednesday, August 14th. The company reported ($0.36) earnings per share for the quarter. The business 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%. As a group, equities research 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.