LiqTech International Inc. (NASDAQ:LIQT) currently has a daily average trading volume of 8.90K but it saw 100148 shares traded on Thursday. With a market cap of 161.15M USD, stock’s current market price of $3.36 while comparing to the previous closing price of $3.36. In past 52 weeks, the stock remained buoying in the range of price level as high as $0.62 and as low as $0.35. In the recent trading on the day, stock has struck highest price mark of $3.7488 while lowest mark touched by it was $3.0232.
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Taking a look at 20-day trading activity of LiqTech International Inc. (LIQT) gives us an average price of $0.4070, while its current price level is 441.94% below from 52-week high level whereas it is 860.00% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.4283 while that of 200 days or SMA-200 reads an average of $0.4421. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.48% during that period while stretching the period over a month that decreases to 7.95%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 52.22 which implies that the stock is in neutral territory.
LiqTech International Inc. (LIQT)’s stock is currently under the radar of 1 analysts who are in consensus at a 12-month price target range of between $16.00 and $16.00 for company’s shares. The average price target assigned by the average number of analysts to a stock is a way to gauge worth of any stock in next 52 weeks. And in assigning price target to a stock, some analysts adopt a bearish approach by advocating lower-than-average price target which in this case is $16.00 while some adopt bullish approach by assigning higher-than-average price target which reads the price to top $16.00. Average price target assigned by them is $16.00 which highlights an upside potential of 79.0% for the stock over that period. And to attain the median price target of $16.00 assigned by those analysts, stock has to add about 79.0% of value to its current levels.
Data by FactSet Research shows that 1 analysts have issued their ratings for the stock. 0 of them are in opinions that stock is a Sell, while 0 are advising it as an Overweight. 1 analysts suggested the investors to Buy the stock while 0 advised them to Hold. Recommendations by all of those brokerages imply a consensus rating of Buy for the stock and that issued by Wall Street to investors is Moderate Buy.
Over the week, LIQT’s stock price is moving 1.23% up while it is 6.84% when we observe its performance for the past one month. Year-to-date it is 10.53% up and over the past year, the stock is showing a downside performance of -22.51%.
The latest quarterly earnings report issued by the company was for quarter ended 12/30/2022, when its quarterly earnings per share (EPS) of -$0.03 beaten by the consensus estimate of -$0.02 for the same. The company is expected to be releasing its next quarterly report in 08/14/2023, for which analysts forecasted an EPS of -$0.04 while estimate for next year EPS is -$0.12. For LIQT, analysts are forecasting an EPS-growth rate of 70.00% for current year and estimate for EPS growth in next year is 100.00%. In next quarter, company is expected to be making quarterly sales of $4.9 million as analysts are expecting the sales for current fiscal year at $20.4 million and seeing the company making $34 million in sales next year. Moreover, analysts are in estimates of $4 million for current-quarter revenue.
Currently, LiqTech International Inc.’s total number of outstanding shares is 45.23M with 28.28% of that held by the insiders while 21.21% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -38.40% and return on equity (ROE) at -53.40%. Stock’s beta reads 1.18. Stock has a price to book (P/B) ratio of 7.00 while price to sale or P/S ratio amounts to 9.83. Its return on asset (ROA) is -31.10% on average.
