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

StockNews.com initiated coverage on shares of LiqTech International (NASDAQ:LIQT) in a research note issued to investors on Monday morning. The firm issued a sell rating on the stock.

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

LiqTech International Stock Performance

Shares of LIQT stock opened at $1.99 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 firm has a fifty day moving average price of $2.68 and a 200 day moving average price of $2.52. The company has a market cap of $11.53 million, a P/E ratio of -1.33 and a beta of 0.94. LiqTech International has a 12 month low of $1.90 and a 12 month high of $4.10.

LiqTech International (NASDAQ:LIQT) last issued its earnings results on Wednesday, August 14th. The company reported ($0.36) 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 for the quarter. Sell-side analysts predict that LiqTech International will post -1.44 earnings per share for the current fiscal 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.