Ascendiant Capital Markets Increases LiqTech International (NASDAQ:LIQT) Price Target to $4.20

LiqTech International (NASDAQ:LIQT) had its price target lifted by stock analysts at Ascendiant Capital Markets from $4.00 to $4.20 in a report issued on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Ascendiant Capital Markets’ price target indicates a potential upside of 124.60% from the company’s previous close.

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of LiqTech International in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $4.20.

LiqTech International Stock Performance

Shares of LIQT stock opened at $1.87 on Thursday. The company has a current ratio of 3.61, a quick ratio of 2.61 and a debt-to-equity ratio of 0.59. The company has a market cap of $17.98 million, a PE ratio of -1.39 and a beta of 1.03. The company’s fifty day simple moving average is $2.46 and its 200-day simple moving average is $2.03. LiqTech International has a 52 week low of $1.34 and a 52 week high of $3.35.

LiqTech International (NASDAQ:LIQT) last announced its quarterly earnings results on Thursday, November 13th. The company reported ($0.15) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.17) by $0.02. LiqTech International had a negative net margin of 66.94% and a negative return on equity of 72.53%. The firm had revenue of $3.81 million during the quarter, compared to analysts’ expectations of $4.00 million. LiqTech International has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. As a group, equities research analysts anticipate that LiqTech International will post -1.64 EPS for the current 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.