Brokerages Expect LiqTech International Inc (NASDAQ:LIQT) to Announce $0.01 Earnings Per Share

Shares of LiqTech International Inc (NASDAQ:LIQT) have been given an average broker rating score of 1.00 (Strong Buy) from the three brokers that cover the stock, Zacks Investment Research reports. Three research analysts have rated the stock with a strong buy rating.

Brokers have set a twelve-month consensus target price of $12.00 for the company and are forecasting that the company will post $0.01 EPS for the current quarter, according to Zacks. Zacks has also assigned LiqTech International an industry rank of 99 out of 256 based on the ratings given to related companies.

Separately, Stephens started coverage on shares of LiqTech International in a research note on Tuesday. They set an “overweight” rating and a $13.00 price objective for the company.

LIQT stock traded up $0.01 during trading on Friday, reaching $10.00. The company had a trading volume of 79,400 shares, compared to its average volume of 170,135. The business has a 50-day simple moving average of $9.48. The firm has a market cap of $184.49 million, a P/E ratio of -41.67 and a beta of 1.01. LiqTech International has a twelve month low of $2.72 and a twelve month high of $10.69.

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.

Further Reading: Certificate of Deposit (CD) For Risk Adverse Investors?

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