LiqTech International (LIQT) to Release Quarterly Earnings on Friday

LiqTech International (NASDAQ:LIQTGet Rating) is scheduled to issue its quarterly earnings data before the market opens on Friday, May 13th. LiqTech International has set its Q1 2022 guidance at EPS and its FY 2022 guidance at EPS.

LiqTech International (NASDAQ:LIQTGet Rating) last posted its quarterly earnings data on Thursday, March 24th. The company reported ($0.13) earnings per share for the quarter, missing the consensus estimate of ($0.09) by ($0.04). The firm had revenue of $6.12 million for the quarter. LiqTech International had a negative return on equity of 63.32% and a negative net margin of 60.89%. During the same period last year, the firm posted ($0.17) earnings per share. On average, analysts expect LiqTech International to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

NASDAQ LIQT opened at $1.00 on Thursday. The firm has a market cap of $21.35 million, a price-to-earnings ratio of -1.96 and a beta of 0.89. The company has a 50 day moving average of $2.99 and a 200-day moving average of $4.64. The company has a current ratio of 1.66, a quick ratio of 1.34 and a debt-to-equity ratio of 0.68. LiqTech International has a 1-year low of $0.97 and a 1-year high of $8.15.

Several institutional investors have recently modified their holdings of LIQT. Morgan Stanley increased its holdings in shares of LiqTech International by 12.0% in the first quarter. Morgan Stanley now owns 42,900 shares of the company’s stock valued at $347,000 after purchasing an additional 4,600 shares in the last quarter. Goldman Sachs Group Inc. acquired a new stake in shares of LiqTech International in the second quarter valued at approximately $90,000. Geode Capital Management LLC increased its holdings in shares of LiqTech International by 1.3% in the third quarter. Geode Capital Management LLC now owns 156,458 shares of the company’s stock valued at $857,000 after purchasing an additional 1,960 shares in the last quarter. Millennium Management LLC acquired a new stake in shares of LiqTech International in the fourth quarter valued at approximately $98,000. Finally, Susquehanna International Group LLP increased its holdings in shares of LiqTech International by 2,451.9% in the fourth quarter. Susquehanna International Group LLP now owns 37,538 shares of the company’s stock valued at $215,000 after purchasing an additional 36,067 shares in the last quarter. 58.17% of the stock is owned by institutional investors and hedge funds.

Several research firms have recently weighed in on LIQT. Zacks Investment Research raised shares of LiqTech International from a “sell” rating to a “hold” rating in a report on Tuesday, May 3rd. Stephens dropped their price objective on shares of LiqTech International from $6.00 to $3.00 and set an “equal weight” rating for the company in a report on Friday, March 25th.

About LiqTech International (Get Rating)

LiqTech International, Inc, a clean technology company, designs, develops, produces, markets, and sells automated filtering systems, and ceramic silicon carbide liquid applications and diesel particulate air filters in the United States, Canada, Europe, Asia, and South America. The company manufactures and sells ceramic silicon carbide filters and membranes 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 wash water.

See Also

Earnings History for LiqTech International (NASDAQ:LIQT)

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