During the recent session, LiqTech International Inc. (NASDAQ:LIQT)’s traded shares were 3.36 million, with the beta value of the company hitting 0.87. At the last check today, the stock’s price was $0.50, reflecting an intraday loss of -45.13% or -$0.42. The 52-week high for the LIQT share is $8.14, that puts it down -1528.0 from that peak though still a striking -80.0% loss since the share price plummeted to a 52-week low of $0.90. The company’s market capitalization is $20.23M, and the average trade volume was 268.81K shares over the past three months.
LiqTech International Inc. (LIQT) received a consensus recommendation of an Overweight from analysts. That translates to a mean rating of 2.50. LIQT has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -$0.12.
LiqTech International Inc. (NASDAQ:LIQT) trade information
LiqTech International Inc. (LIQT) registered a -45.13% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -45.13% in intraday trading to $0.50 this Thursday, 05/12/22, hitting a weekly high. The stock’s 5-day price performance is -28.52%, and it has moved by -53.79% in 30 days. Based on these gigs, the overall price performance for the year is -87.52%.
The consensus price target of analysts on Wall Street is $6.00, which implies an increase of 91.67% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $3.00 and $9.00 respectively. As a result, LIQT is trading at a discount of -1700.0% off the target high and -500.0% off the low.
LiqTech International Inc. (LIQT) estimates and forecasts
Statistics show that LiqTech International Inc. has underperformed its competitors in share price, compared to the industry in which it operates. LiqTech International Inc. (LIQT) shares have gone down -83.36% during the last six months, with a year-to-date growth rate less than the industry average at -1.96% against 20.80. Yet analysts are ramping up their growth forecast for the fiscal year 2022. Revenue is predicted to grow 14.30% this quarter and then jump 30.80% in the quarter after that. In the rating firms’ projections, revenue will increase 36.80% compared to the previous financial year.
Revenue for the current quarter is expected to be $4 million as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to $6.4 million by the end of Sep 2022.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 22.00%. While earnings are projected to return -11.60% in 2022, the next five years will return 25.00% per annum.
LiqTech International Inc. is due to release its next quarterly earnings on May 13. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
LiqTech International Inc. (NASDAQ:LIQT)’s Major holders
LiqTech International Inc. insiders own 13.76% of total outstanding shares while institutional holders control 43.87%, with the float percentage being 50.87%. Bleichroeder LP is the largest shareholder of the company, while 40 institutions own stock in it. As of Sep 29, 2021, the company held over 2.17 million shares (or 10.20% of all shares), a total value of $11.9 million in shares.
The next largest institutional holding, with 1.98 million shares, is of AWM Investment Company, Inc.’s that is approximately 9.29% of outstanding shares. At the market price on Sep 29, 2021, these shares were valued at $10.84 million.
Also, the Mutual Funds coming in first place with the largest holdings of LiqTech International Inc. (LIQT) shares are Royce Opportunity Fund and Vanguard Extended Market Index Fund. Data provided on Sep 29, 2021 indicates that Royce Opportunity Fund owns about 0.35 million shares. This amounts to just over 1.66 percent of the company’s overall shares, with a $1.93 million market value. The same data shows that the other fund manager holds slightly less at 0.25 million, or about 1.16% of the stock, which is worth about $1.36 million.