LiqTech International Inc (LIQT) Announces Quarterly Earnings Results, Misses Estimates By $0.03 EPS
LiqTech International Inc (NYSE:LIQT) posted its earnings results on Monday. The company reported ($0.02) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.01 by $0.03. The company had revenue of $3.70 million for the quarter, compared to the consensus estimate of $5.50 million.
LiqTech International (NYSE:LIQT) opened at 0.74 on Tuesday. LiqTech International has a 1-year low of $0.55 and a 1-year high of $1.52. The company’s 50-day moving average is $0.77 and its 200 day moving average is $0.77. The stock’s market capitalization is $29.25 million.
Separately, Zacks Investment Research raised shares of LiqTech International from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 18th.
A hedge fund recently raised its stake in LiqTech International stock. WealthTrust Axiom LLC raised its stake in shares of LiqTech International Inc (NYSE:LIQT) by 9.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 663,006 shares of the company’s stock after buying an additional 58,000 shares during the period. WealthTrust Axiom LLC owned approximately 1.68% of LiqTech International worth $550,000 at the end of the most recent quarter.
About LiqTech International
LiqTech International, Inc is a clean technology company that provides technologies for gas and liquid purification by manufacturing ceramic silicon carbide filters. The Company develops and manufactures products of re-crystallized silicon carbide. It specializes in two business areas, which include ceramic membranes for liquid filtration, and diesel particulate filters (DPFs) for the control of soot exhaust particles from diesel engines.
Receive News & Stock Ratings for LiqTech International Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LiqTech International Inc and related stocks with our FREE daily email newsletter.