Stock Rating Downgrade
During the last several trading days the Value Trend Rating for LiqTech International Inc (NASDAQ: LIQT) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
On 4/1/21, LiqTech International Inc (NASDAQ: LIQT) stock increased 1.5%, closing at $8.21. However, trading volume in this advance was unusually low at 56% of normal. The stock has declined -6.2% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, LIQT is expected to continue to be a major Value Builder.
LiqTech has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. LiqTech has a neutral Appreciation Score of 56 and a slightly positive Power Rating of 62, triggering the High Neutral Value Trend Rating.