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

StockNews.com assumed coverage on shares of LiqTech International (NASDAQ:LIQT) in a research report sent to investors on Friday morning. The brokerage issued a sell rating on the stock.

A number of other analysts have also recently issued reports on the company. Lake Street Capital decreased their target price on LiqTech International from $9.00 to $6.00 and set a “buy” rating for the company in a research report on Thursday, October 10th. Ascendiant Capital Markets reaffirmed 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 Down 5.6 %

LIQT traded down $0.11 on Friday, reaching $1.84. The company’s stock had a trading volume of 6,263 shares, compared to its average volume of 14,876. LiqTech International has a fifty-two week low of $1.70 and a fifty-two week high of $4.10. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.85 and a current ratio of 2.74. The stock has a 50 day moving average of $2.45 and a two-hundred day moving average of $2.45.

LiqTech International (NASDAQ:LIQT) last posted its earnings results on Wednesday, August 14th. The company reported ($0.36) EPS for the quarter. LiqTech International had a negative net margin of 51.50% and a negative return on equity of 57.61%. The company had revenue of $4.49 million during the quarter. On average, research analysts predict that LiqTech International will post -1.44 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.