LiqTech International (LIQT) to Release Quarterly Earnings on Friday

LiqTech International (NASDAQ:LIQTGet Rating) will be issuing 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 released its earnings results on Thursday, March 24th. The company reported ($0.13) EPS for the quarter, missing the consensus estimate of ($0.09) by ($0.04). The company had revenue of $6.12 million for the quarter. LiqTech International had a negative net margin of 60.89% and a negative return on equity of 63.32%. During the same quarter 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.

Shares of LIQT traded up $0.05 during mid-day trading on Wednesday, hitting $1.11. The company’s stock had a trading volume of 305 shares, compared to its average volume of 191,987. The firm has a 50-day moving average price of $3.09 and a 200 day moving average price of $4.67. The stock has a market capitalization of $23.70 million, a price-to-earnings ratio of -2.18 and a beta of 0.89. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.66 and a quick ratio of 1.34. LiqTech International has a fifty-two week low of $1.00 and a fifty-two week high of $8.15.

Several institutional investors and hedge funds have recently made changes to their positions in LIQT. Geode Capital Management LLC boosted its holdings in shares of LiqTech International by 3.8% during the fourth quarter. Geode Capital Management LLC now owns 162,376 shares of the company’s stock worth $928,000 after purchasing an additional 5,918 shares during the period. Morgan Stanley raised its position in shares of LiqTech International by 20.1% in the second quarter. Morgan Stanley now owns 51,520 shares of the company’s stock valued at $378,000 after purchasing an additional 8,620 shares during the period. Susquehanna International Group LLP raised its position 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 during the period. Titleist Asset Management LTD. bought a new position in shares of LiqTech International in the fourth quarter valued at approximately $135,000. Finally, Millennium Management LLC bought a new position in shares of LiqTech International in the fourth quarter valued at approximately $98,000. Institutional investors own 58.17% of the company’s stock.

Several brokerages have recently issued reports on LIQT. Stephens lowered their price objective on shares of LiqTech International from $6.00 to $3.00 and set an “equal weight” rating on the stock in a research note on Friday, March 25th. Zacks Investment Research raised shares of LiqTech International from a “sell” rating to a “hold” rating in a research note on Tuesday, May 3rd.

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.

Further Reading

Earnings History for LiqTech International (NASDAQ:LIQT)

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