LiqTech International (NASDAQ:LIQT) Price Target Raised to $4.20 at Ascendiant Capital Markets

LiqTech International (NASDAQ:LIQT) had its target price boosted by Ascendiant Capital Markets from $4.00 to $4.20 in a report published on Thursday morning,Benzinga reports. They currently have a buy rating on the stock.

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of LiqTech International in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat, LiqTech International currently has an average rating of “Hold” and a consensus price target of $4.20.

LiqTech International Stock Performance

NASDAQ LIQT traded up $0.02 on Thursday, hitting $1.89. 3,912 shares of the stock were exchanged, compared to its average volume of 14,773. The company has a market capitalization of $18.12 million, a PE ratio of -1.40 and a beta of 1.03. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.61 and a quick ratio of 2.61. The business’s fifty day moving average is $2.45 and its 200 day moving average is $2.03. LiqTech International has a 52 week low of $1.34 and a 52 week high of $3.35.

LiqTech International (NASDAQ:LIQT) last released its quarterly earnings data on Thursday, November 13th. The company reported ($0.15) earnings per share for the quarter, topping the consensus estimate of ($0.17) by $0.02. The company had revenue of $3.81 million for the quarter, compared to analyst estimates of $4.00 million. LiqTech International had a negative net margin of 66.94% and a negative return on equity of 72.53%. LiqTech International has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Research analysts anticipate that LiqTech International will post -1.64 EPS for the current fiscal year.

About LiqTech International

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.