Deliciously Stock You Should follow: LiqTech International, Inc. (NASDAQ: LIQT)

On the other end, the stock has actually been kept in mind 78.62% away from the low price over the last 52-weeks. The stock changed 0.14% to recent value of $7.27.

LiqTech International, Inc. (LIQT) reported just recently record third quarter 2019 monetary results for the three months ended September 30, 2019.

3rd Quarter 2019 Financial Results
Net sales for the 3 months ended September 30, 2019 were $ 9.7 M contrast to $ 3.3 M for the same duration in 2018, representing a raise of $ 6.4 M, or 189%. The brand-new quarterly earnings record was accomplished regardless of the European summertime vacation season.
Gross revenue for the 3 months ended September 30, 2019 was $ 2.2 M contrast to $ 0.3 M for the very same duration in 2018. Although gross revenue in the third quarter was greater than the previous 2 quarters, it was unfavorably influenced by an unfavorable customer mix for filtration systems and by $ 0.2 M of extraordinary expense associated with the brand-new facility growth of Hobro.
General and administrative expenditures increased $ 655,000, or, 99%, contrast to the prior-year quarter, likewise Because of the hiring of additional employees to manage the essential ramp in revenues and Because of conditioning of the administrative resources. Research study and development costs increased $ 36,000, or, 24%, contrast to the exact same duration of last year from increased financial investment in brand-new technologies to assist the company develop items for surrounding commercial and marine market areas.
Other income/expenses for the 3 months ended September 30, 2019 was positive $ 397,000, contrast to favorable $ 20,000 for the exact same duration in 2018 and unfavorable ($ 247,000) in the second quarter 2019. The earnings was generally driven by latent currency gains. The United States Dollar compromised versus the Danish Krone at the end of June 2019, but enhanced in the third quarter, which over offset the exchange loss in the 2nd quarter 2019.
Net income for the three months ended September 30, 2019 was $ 656,000, or, $ 0.03 per standard and diluted share, versus a net loss of $ 922,000, or, $( 0.05 ) per fundamental and diluted share for the very same duration in 2018. The enhancement in profitability was generally attributable to the increased sales of the Company ´ s greater margin water treatment systems and improvements in making expenses however unfavorably influenced by an undesirable customer mix for filtration systems and by $ 0.2 M of remarkable expenditure connected with the brand-new facility growth of Hobro.
Cash on hand and limited cash at September 30, 2019 was $ 11.6 M contrast to $ 3.8 M at December 31, 2018.
Its revenues per share (EPS) expected to touch remained 44.30% for this year while earning per share for the next 5-years is expected to reach at 25.00%. LIQT has a gross margin of 20.30% and an operating margin of -3.10% while its revenue margin stayed -0.90% for the last 12 months. The cost moved ahead of 16.90% from the mean of 20 days, 28.43% from mean of 50 days SMA and performed -4.32% from mean of 200 days price. Companys efficiency for the week was 12.89%, 41.44% for month and YTD efficiency remained 24.27%.

On the other end, the stock has actually been noted 78.62% away from the low price over the last 52-weeks. Its revenues per share (EPS) anticipated to touch remained 44.30% for this year while making per share for the next 5-years is anticipated to reach at 25.00%. LIQT has a gross margin of 20.30% and an operating margin of -3.10% while its revenue margin remained -0.90% for the last 12 months. The rate moved ahead of 16.90% from the mean of 20 days, 28.43% from mean of 50 days SMA and performed -4.32% from mean of 200 days rate.

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 Jeannie Propes

Jeannie Propes– Technology My Name is Jeannie Propes, and I am 29 years old who is an industrialist other than a writer. I want to catch the attention of my audience and publishers without sound too dry and dull. I am the sort of person who adores his spare time by writing my thoughts and ideas for my audience or readers. My writing skills are not confined to any specific field, I wrote on many topics, but technology and stock Market articles are always my favorite. I love to express myself through creative modes such as drawing, singing, and writing. I love to spend my leisure time with my beloved cat, sleep or by playing my favorite video games.

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