LiqTech International (NASDAQ:LIQT) Price Target Raised to $4.20

LiqTech International (NASDAQ:LIQT) had its target price increased by Ascendiant Capital Markets from $4.00 to $4.20 in a research report released on Thursday,Benzinga reports. The firm currently has a buy rating on the stock.

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

LiqTech International Price Performance

LIQT opened at $1.91 on Thursday. The firm has a market capitalization of $18.39 million, a PE ratio of -1.41 and a beta of 1.02. 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 50-day moving average is $2.45 and its two-hundred day moving average is $2.04. LiqTech International has a 1 year low of $1.34 and a 1 year high of $3.35.

LiqTech International (NASDAQ:LIQT) last released its quarterly earnings results on Thursday, November 13th. The company reported ($0.15) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.17) by $0.02. LiqTech International had a negative net margin of 66.94% and a negative return on equity of 72.53%. The business had revenue of $3.81 million for the quarter, compared to analysts’ expectations of $4.00 million. 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 earnings per share 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.