Posted by admin on May 20th, 2022

LiqTech International, Inc. (NASDAQ:LIQT – Get Rating) CFO Simon Seidelin Stadil purchased 80,000 shares of the company’s stock in a transaction dated Tuesday, May 17th. The shares were purchased at an average cost of $0.50 per share, for a total transaction of $40,000.00. Following the transaction, the chief financial officer now directly owns 80,000 shares in the company, valued at approximately $40,000. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of NASDAQ LIQT opened at $0.57 on Friday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.97 and a current ratio of 1.27. LiqTech International, Inc. has a 1-year low of $0.48 and a 1-year high of $8.14. The business has a fifty day moving average price of $2.37 and a 200 day moving average price of $4.44.

LiqTech International (NASDAQ:LIQT – Get Rating) last issued its quarterly earnings data on Friday, May 13th. The company reported ($0.18) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.06). LiqTech International had a negative return on equity of 84.59% and a negative net margin of 69.30%. During the same period in the previous year, the firm earned ($0.11) EPS. On average, research analysts predict that LiqTech International, Inc. will post -0.52 EPS for the current year.

A number of institutional investors have recently added to or reduced their stakes in the business. Virtu Financial LLC purchased a new stake in LiqTech International in the first quarter valued at about $92,000. Meros Investment Management LP raised its stake in LiqTech International by 12.9% in the first quarter. Meros Investment Management LP now owns 476,949 shares of the company’s stock valued at $1,168,000 after buying an additional 54,637 shares during the last quarter. Greenwood Capital Associates LLC raised its stake in LiqTech International by 10.4% in the first quarter. Greenwood Capital Associates LLC now owns 159,244 shares of the company’s stock valued at $390,000 after buying an additional 14,980 shares during the last quarter. Clear Harbor Asset Management LLC raised its stake in LiqTech International by 2.4% in the first quarter. Clear Harbor Asset Management LLC now owns 1,607,405 shares of the company’s stock valued at $3,939,000 after buying an additional 37,904 shares during the last quarter. Finally, WealthTrust Axiom LLC raised its stake in LiqTech International by 14.4% in the first quarter. WealthTrust Axiom LLC now owns 466,802 shares of the company’s stock valued at $1,143,000 after buying an additional 58,905 shares during the last quarter. Institutional investors own 58.17% of the company’s stock.

A number of equities analysts have recently issued reports on the company. Lake Street Capital dropped their price target on LiqTech International from $9.00 to $3.00 and set a “buy” rating on the stock in a research report on Thursday. Stephens decreased their price objective on LiqTech International from $6.00 to $3.00 and set an “equal weight” rating for the company in a research note on Friday, March 25th. Finally, Zacks Investment Research upgraded LiqTech International from a “sell” rating to a “hold” rating in a research note on Tuesday, May 3rd.

LiqTech International Company Profile (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.

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