LiqTech International (LIQT) rose by 1.66% yesterday, continuing its recent rally. Still, there is a long way to go for its full recovery.
LiqTech International opened yesterday’s over-the-counter trading at a share price of $2.50, which was higher than its previous closing price of $2.41. The opening price was unfortunately its intraday high. The intraday low happened between 1-2 pm at a price point of $2.43. However, the company climbed back to a higher price later.
LiqTech International’s stock has not been performing very well this year. The available statistics show that LiqTech International has had a total loss of 35.36% since January 3, 2012. The stock had a more respectable performance before March and hit its highest price year-to-date of $4.50 on February 6, 2012. However, it has been declining since then.
LiqTech International is a Nevada company and an award-winning cleantech corporation that for over a decade has provided and developed up to date technologies for liquid and gas sanitization with ceramic silicon carbide filters. The filters are mainly dedicated filters for the management of dust exhaust elements for liquid filtration and from diesel engines. In addition, the company makes kiln furniture. Using nanotechnology, it improves proprietary products with original silicon carbide expertise. LiqTech’s goods are founded on silicon carbide membranes that aid new applications and develop accessible technologies.
The year 2011 has been very good for LiqTech International: they became a public company, considerably increased their product offerings and revenues, and most notably, increased their product profit numbers by over $900,000. Additionally, they have productively expanded their DPF business, started an agency in South-East Asia, and up-listed their securities to buy and sell on the top level. The OTC Market provides an effectively increased capital to continue growing their business.
LiqTech is concentrating on building their outreach into fresh markets and worldwide development for all parts of their business. They also expect to utilize their ceramic silicon membranes and diesel particle filters to generate water in the gas and oil industries. In addition, they carry on studies using their technology and processes to supply clean water to millions of people worldwide. LiqTech International plans to keep on growing their company to realize the fundamentals that could permit the company to up-list to a top stock exchange in the year 2013.