WealthTrust Axiom LLC boosted its stake in shares of LiqTech International Inc (NYSE:LIQT) by 5.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 774,406 shares of the industrial goods maker’s stock after buying an additional 42,000 shares during the period. WealthTrust Axiom LLC owned about 1.79% of LiqTech International worth $247,000 at the end of the most recent reporting period.
Shares of LiqTech International Inc (NYSE:LIQT) remained flat at $0.38 during midday trading on Friday. The company’s stock had a trading volume of 59,078 shares. The company’s market cap is $16.81 million. LiqTech International Inc has a 1-year low of $0.25 and a 1-year high of $0.96. The company has a 50 day moving average of $0.34 and a 200-day moving average of $0.39.
LiqTech International (NYSE:LIQT) last posted its quarterly earnings data on Monday, August 14th. The industrial goods maker reported ($0.03) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.02) by $0.01. LiqTech International had a negative net margin of 28.07% and a negative return on equity of 57.07%. The company had revenue of $2.93 million for the quarter, compared to the consensus estimate of $3.10 million. On average, analysts predict that LiqTech International Inc will post ($0.07) EPS for the current year.
Separately, Zacks Investment Research upgraded LiqTech International from a “hold” rating to a “buy” rating and set a $0.25 price target for the company in a report on Tuesday, June 27th.
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.
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