LiqTech International Inc (LIQT) Lifted to “Hold” at Zacks Investment Research
LiqTech International Inc (NYSE:LIQT) was upgraded by Zacks Investment Research from a “strong sell” rating to a “hold” rating in a report released on Tuesday.
According to Zacks, “LiqTech International, Inc. is a clean technology company. It engages in the provision of various technologies for the gas and liquid purification by manufacturing ceramic silicon carbide filters. The company sells its products to industrial customers in the United States, Canada, Europe, Asia, and South America. LiqTech International, Inc. is headquartered in Ballerup, Denmark. “
LiqTech International (NYSE:LIQT) opened at 0.7775 on Tuesday. The firm’s market capitalization is $30.74 million. The firm’s 50-day moving average price is $0.82 and its 200 day moving average price is $0.77. LiqTech International has a one year low of $0.55 and a one year high of $1.52.
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LiqTech International (NYSE:LIQT) last posted its earnings results on Thursday, August 11th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by $0.03. The business earned $4 million during the quarter, compared to analysts’ expectations of $7.35 million. On average, equities analysts anticipate that LiqTech International will post ($0.09) earnings per share for the current fiscal year.
An institutional investor recently raised its position in LiqTech International stock. WealthTrust Axiom LLC boosted its stake in LiqTech International Inc (NYSE:LIQT) by 0.8% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 605,006 shares of the company’s stock after buying an additional 5,000 shares during the period. WealthTrust Axiom LLC owned approximately 1.53% of LiqTech International worth $363,000 at the end of the most recent reporting period.
LiqTech International Company Profile
LiqTech International, Inc is a clean technology company that provides technologies for gas and liquid purification by manufacturing ceramic silicon carbide filters. The Company develops and manufactures products of re-crystallized silicon carbide. It specializes in two business areas, which include ceramic membranes for liquid filtration, and diesel particulate filters (DPFs) for the control of soot exhaust particles from diesel engines.
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