LiqTech International Inc (LIQT) Announces Earnings Results
LiqTech International Inc (NYSE:LIQT) posted its quarterly earnings data on Monday. The industrial goods maker reported ($0.03) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.04) by $0.01. The business had revenue of $2.97 million during the quarter, compared to analyst estimates of $2.50 million.
LiqTech International (NYSE:LIQT) traded down 1.63% during mid-day trading on Tuesday, hitting $0.38. The stock had a trading volume of 55,820 shares. The firm has a 50-day moving average of $0.37 and a 200-day moving average of $0.53. The stock’s market cap is $14.00 million. LiqTech International has a 52-week low of $0.31 and a 52-week high of $0.99.
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An institutional investor recently raised its position in LiqTech International stock. WealthTrust Axiom LLC boosted its stake in LiqTech International Inc (NYSE:LIQT) by 5.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 732,406 shares of the industrial goods maker’s stock after buying an additional 39,900 shares during the period. WealthTrust Axiom LLC owned 1.99% of LiqTech International worth $285,000 as of its most recent SEC filing.
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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