LiqTech International Inc (NASDAQ:LIQT) has been given a consensus broker rating score of 1.00 (Strong Buy) from the two analysts that cover the stock, Zacks Investment Research reports. Two analysts have rated the stock with a strong buy rating.
Analysts have set a 12-month consensus price objective of $12.00 for the company and are forecasting that the company will post $0.01 earnings per share for the current quarter, according to Zacks. Zacks has also assigned LiqTech International an industry rank of 162 out of 256 based on the ratings given to its competitors.
Separately, B. Riley restated a “buy” rating on shares of LiqTech International in a research note on Friday, March 1st.
Shares of NASDAQ:LIQT traded down $0.06 during trading on Monday, hitting $8.96. The company’s stock had a trading volume of 500 shares, compared to its average volume of 238,783. LiqTech International has a fifty-two week low of $2.60 and a fifty-two week high of $10.69. The stock has a market cap of $165.09 million, a price-to-earnings ratio of -37.58 and a beta of 1.01.
LiqTech International (NASDAQ:LIQT) last announced its quarterly earnings data on Thursday, March 28th. The company reported ($0.08) earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of ($0.08). LiqTech International had a negative return on equity of 24.05% and a negative net margin of 13.02%. The firm had revenue of $2.90 million for the quarter, compared to analysts’ expectations of $3.07 million. As a group, equities research analysts expect that LiqTech International will post 0.08 EPS for the current fiscal year.
LiqTech International Company Profile
LiqTech International, Inc, a clean technology company, provides technologies for gas and liquid purification by manufacturing ceramic silicon carbide filters. The company manufactures and sells ceramic silicon carbide membranes and systems for liquid filtration under the LiqTech, Cometas, and Provital brand names, which are used for the filtration of produced water, pre-filtration of reverse osmosis drinking water, industrial applications, producing clean drinking water, and pool and spa water, as well as marine scrubber bleed water.
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