LiqTech International (LIQT) Set to Announce Quarterly Earnings on Thursday

LiqTech International (NASDAQ:LIQT – Get Rating) will announce its earnings results before the market opens on Thursday, August 11th.

LiqTech International (NASDAQ:LIQT – Get Rating) last issued its quarterly earnings data on Thursday, May 12th. The company reported ($0.17) earnings per share (EPS) for the quarter. LiqTech International had a negative net margin of 69.30% and a negative return on equity of 84.59%. The company had revenue of $3.64 million during the quarter. During the same period in the previous year, the business posted ($0.11) earnings per share.

LiqTech International Price Performance

Shares of LiqTech International stock opened at $0.49 on Thursday. The company has a quick ratio of 0.97, a current ratio of 1.27 and a debt-to-equity ratio of 0.71. LiqTech International has a twelve month low of $0.41 and a twelve month high of $6.94. The business has a 50-day moving average price of $0.48 and a 200 day moving average price of $2.61. The firm has a market cap of $10.37 million, a PE ratio of -0.84 and a beta of 0.99.

Analysts Set New Price Targets

Separately, Lake Street Capital cut their price objective on LiqTech International from $9.00 to $3.00 and set a “buy” rating for the company in a research note on Thursday, May 19th.

Insiders Place Their Bets

In other news, Director Peyton Boswell purchased 500,000 shares of the firm’s stock in a transaction on Tuesday, May 17th. The shares were bought at an average cost of $0.50 per share, for a total transaction of $250,000.00. Following the completion of the purchase, the director now directly owns 563,400 shares of the company’s stock, valued at $281,700. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, CEO Alexander J. Buehler acquired 2,000,000 shares of LiqTech International stock in a transaction dated Tuesday, May 17th. The shares were acquired at an average cost of $0.50 per share, for a total transaction of $1,000,000.00. Following the completion of the purchase, the chief executive officer now owns 2,035,900 shares in the company, valued at $1,017,950. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Peyton Boswell acquired 500,000 shares of LiqTech International stock in a transaction dated Tuesday, May 17th. The stock was bought at an average price of $0.50 per share, for a total transaction of $250,000.00. Following the completion of the purchase, the director now owns 563,400 shares of the company’s stock, valued at approximately $281,700. The disclosure for this purchase can be found here. Insiders have bought 3,955,000 shares of company stock worth $1,977,500 over the last ninety days. Corporate insiders own 3.00% of the company’s stock.

Institutional Trading of LiqTech International

An institutional investor recently raised its position in LiqTech International stock. Meros Investment Management LP increased its stake in LiqTech International, Inc. (NASDAQ:LIQT – Get Rating) by 12.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 476,949 shares of the company’s stock after acquiring an additional 54,637 shares during the period. LiqTech International makes up about 0.9% of Meros Investment Management LP’s holdings, making the stock its 29th largest holding. Meros Investment Management LP owned about 2.23% of LiqTech International worth $1,168,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 58.17% of the company’s stock.

LiqTech International Company Profile

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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. It operates in three segments: Water, Ceramics, and Plastics.

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