LiqTech International Inc (NYSEAMERICAN:LIQT) CFO Claus Toftegaard Purchases 1,500 Shares
LiqTech International Inc (NYSEAMERICAN:LIQT) CFO Claus Toftegaard acquired 1,500 shares of the stock in a transaction on Monday, August 26th. The shares were acquired at an average price of $10,000.00 per share, with a total value of $15,000,000.00. Following the purchase, the chief financial officer now owns 1,500 shares in the company, valued at $15,000,000. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
NYSEAMERICAN:LIQT traded up $0.25 during trading hours on Thursday, reaching $7.45. 177,009 shares of the stock were exchanged, compared to its average volume of 188,816. LiqTech International Inc has a 52 week low of $4.36 and a 52 week high of $10.69.
LiqTech International (NYSEAMERICAN:LIQT) last released its earnings results on Wednesday, August 14th. The industrial goods maker reported $0.01 EPS for the quarter, hitting analysts’ consensus estimates of $0.01. The firm had revenue of $9.30 million for the quarter, compared to the consensus estimate of $8.36 million.
A number of equities research analysts have weighed in on the company. Zacks Investment Research lowered LiqTech International from a “buy” rating to a “hold” rating in a research note on Friday, August 30th. B. Riley set a $12.00 target price on LiqTech International and gave the stock a “buy” rating in a report on Monday, August 26th. Finally, Stephens started coverage on LiqTech International in a report on Monday, July 8th. They set an “overweight” rating and a $13.00 target price on the stock. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. LiqTech International currently has a consensus rating of “Buy” and an average target price of $11.70.
About LiqTech International
LiqTech International, Inc, a clean technology company, provides technologies for gas and liquid purification by manufacturing ceramic silicon carbide filters. The company manufactures and sells ceramic silicon carbide membranes and systems for liquid filtration under the LiqTech, Cometas, and Provital brand names, which are used for the filtration of produced water, pre-filtration of reverse osmosis drinking water, industrial applications, producing clean drinking water, and pool and spa water, as well as marine scrubber bleed water.
See Also: Producer Price Index (PPI)
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