LiqTech International (NASDAQ:LIQT) Director Buys $50,000.00 in Stock

LiqTech International, Inc. (NASDAQ:LIQT) Director Peyton Boswell 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 171,305 shares of the company’s stock, valued at approximately $171,305. This represents a 41.22% 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 Trading Down 4.7%

Shares of LIQT stock opened at $0.34 on Friday. The company has a current ratio of 4.37, a quick ratio of 3.43 and a debt-to-equity ratio of 0.09. The stock has a market capitalization of $11.04 million, a price-to-earnings ratio of -0.40 and a beta of 1.14. LiqTech International, Inc. has a 12-month low of $0.33 and a 12-month high of $2.57. The stock’s 50-day moving average price is $0.55 and its 200-day moving average price is $1.01.

LiqTech International (NASDAQ:LIQT) last announced its quarterly earnings results on Thursday, August 13th. The company reported ($0.14) EPS for the quarter, beating analysts’ consensus estimates of ($0.19) by $0.05. The company had revenue of $4.36 million during the quarter, compared to analyst estimates of $6.00 million. LiqTech International had a negative return on equity of 69.03% and a negative net margin of 63.18%. Equities research analysts predict that LiqTech International, Inc. will post -0.30 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently commented on LIQT shares. Weiss Ratings reiterated a “sell (e+)” rating on shares of LiqTech International in a research report on Thursday. Ascendiant Capital Markets reduced their price target on shares of LiqTech International to $1.30 and set a “buy” rating on the stock in a research report on Friday, September 4th. Finally, Zacks Research upgraded shares of LiqTech International from a “strong sell” rating to a “hold” rating in a research report on Monday, August 17th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $1.30.

Hedge Funds Weigh In On LiqTech International

Hedge funds have recently added to or reduced their stakes in the stock. Sequoia Financial Advisors LLC bought a new position in LiqTech International in the second quarter worth approximately $424,000. Alyeska Investment Group L.P. purchased a new position in LiqTech International during the 2nd quarter valued at about $1,698,000. Cable Car Capital LP purchased a new position in LiqTech International during the 2nd quarter valued at about $849,000. Finally, Clear Harbor Asset Management LLC bought a new stake in shares of LiqTech International in the 2nd quarter valued at about $52,000. 35.06% of the stock is currently owned by institutional investors.

About LiqTech International

LiqTech International, Inc is a clean-technology company that develops, manufactures and sells advanced filtration products based on silicon carbide (SiC) ceramic materials. Its technology is designed to provide high-performance filtration in applications where conventional materials may be less durable or effective.

The company’s primary products include SiC membrane systems for treating industrial and municipal wastewater, seawater, aquaculture water and other challenging water streams.