LiqTech International, Inc. (NASDAQ:LIQT – Get Free Report) Director Robert Wowk acquired 50,000 shares of the business’s stock in a transaction dated Friday, June 5th. The shares were purchased at an average price of $1.00 per share, with a total value of $50,000.00. Following the transaction, the director owned 50,000 shares of the company’s stock, valued at approximately $50,000. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this link.
LiqTech International Price Performance
NASDAQ:LIQT opened at $0.54 on Thursday. The company has a debt-to-equity ratio of 0.09, a current ratio of 4.37 and a quick ratio of 3.43. LiqTech International, Inc. has a 1 year low of $0.52 and a 1 year high of $3.35. The firm has a market capitalization of $5.37 million, a price-to-earnings ratio of -0.64 and a beta of 1.05. The business has a 50 day simple moving average of $0.73 and a 200-day simple moving average of $1.37.
LiqTech International (NASDAQ:LIQT – Get Free Report) last issued its earnings results on Wednesday, August 12th. The company reported ($0.14) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.19) by $0.05. LiqTech International had a negative net margin of 63.18% and a negative return on equity of 69.03%. The firm had revenue of $4.36 million during the quarter, compared to analyst estimates of $6.00 million. Equities analysts forecast that LiqTech International, Inc. will post -0.79 EPS for the current year.
Analyst Upgrades and Downgrades
Check Out Our Latest Analysis on LIQT
Institutional Investors Weigh In On LiqTech International
Several institutional investors have recently made changes to their positions in LIQT. StoneX Group Inc. purchased a new position in LiqTech International in the fourth quarter valued at about $42,000. Clear Harbor Asset Management LLC purchased a new stake in LiqTech International in the 2nd quarter worth approximately $52,000. Cable Car Capital LP purchased a new position in LiqTech International during the second quarter worth about $849,000. Finally, Alyeska Investment Group L.P. purchased a new position in LiqTech International during the second quarter worth approximately $1,698,000. 35.06% of the stock is currently owned by hedge funds and other institutional investors.
About LiqTech International
LiqTech International, Inc develops and manufactures advanced ceramic filtration systems that leverage proprietary silicon carbide (SiC) membranes to remove particulates and hydrophobic contaminants from a variety of fluid streams. The company’s core products include tubular ceramic membrane modules and complete filtration skids designed for applications where high chemical resistance, thermal stability and mechanical strength are required.
Their filtration solutions are utilized across multiple industries, including municipal and industrial water treatment, desalination pretreatment, produced water management in oil and gas operations, and process water recycling in power generation and chemical processing.
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