LiqTech International (NASDAQ:LIQT) Price Target Lowered to $6.00 at Lake Street Capital

by · The Cerbat Gem

LiqTech International (NASDAQ:LIQT – Free Report) had its price target decreased by Lake Street Capital from $9.00 to $6.00 in a research report released on Thursday morning, Benzinga reports. Lake Street Capital currently has a buy rating on the stock.

Several other research analysts have also issued reports on LIQT. Ascendiant Capital Markets restated a buy rating and issued a $5.15 price target on shares of LiqTech International in a research report on Monday, August 26th. StockNews.com started coverage on LiqTech International in a research note on Wednesday. They issued a sell rating on the stock.

View Our Latest Analysis on LiqTech International

LiqTech International Price Performance

Shares of LIQT stock remained flat at $2.22 during mid-day trading on Thursday. The company’s stock had a trading volume of 15,590 shares, compared to its average volume of 8,876. The company has a 50 day moving average of $2.67 and a 200 day moving average of $2.57. The company has a current ratio of 2.74, a quick ratio of 1.85 and a debt-to-equity ratio of 0.55. LiqTech International has a 52 week low of $1.90 and a 52 week high of $4.10.

LiqTech International (NASDAQ:LIQT – Get Free Report) last released its quarterly earnings results on Wednesday, August 14th. The company reported ($0.36) earnings per share for the quarter. LiqTech International had a negative net margin of 51.50% and a negative return on equity of 57.61%. The business had revenue of $4.49 million for the quarter. As a group, equities analysts expect that LiqTech International will post -1.44 EPS for the current year.

LiqTech International Company Profile

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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.

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