NEW YORK, Jan. 12, 2015 /PRNewswire/ -- Liquidmetal Technologies, Inc. (OTCQB: LQMT), a materials technology company, designs, develops, and sells products and components from bulk amorphous alloys worldwide. The company offers components for non-consumer electronic devices, including aerospace components, defense parts, medical devices, automotive components, and industrial machines. Its products related to various medical devices include specialized blades, orthopedic instruments used for implant surgery procedures, dental devices, and general surgery devices. The company also develops liquid metal alloys for various applications in sporting goods area, which include golf clubs, tennis rackets, and skis; and leisure products area comprising premium watchcases and knives, as well as jewelry from precious metals. Liquidmetal Technologies, Inc. was founded in 1987 and is based in Rancho Santa Margarita, California. The firm's IPO was in 2002.
Liquidmetal Technologies Inc. was featured on the History Channel and has been partnering with Apple Inc. and Swatch Group AG since 2000s. In 2010, Apple started investing heavily in the R&D necessary to make mass production of Liquidmetal's alloy's a reality for their products and has been supporting Liquidmetal Technologies Inc. in developing its technologies and filling patents since then. The firm also caught attention in from NASA. NASA has done multiple experiments on the material, as well as sent the material to the space for many times.
The firm made a presentation at the LD Micro conference on December 3rd, 2014 at the Luxe Hotel in Los Angeles for the LD Micro Conference on Dec 3rd 2014. The stock price plunged at the news and reached its trough on the 10th at $0.11. Currently the stock is priced at $0.13. Some analysts covers the stock come up with a one-year price target ranging from $2.00 to $2.72 and a mean price target of $2.36.
Despite the fact Liquidmetal Technologies Inc.'s stock has not been doing well recently, the firm is still a good company with strong underlying values. Areas of potential growth for 2015 include medical products, aerospace defense and sporting goods. Liquidmetal would be most likely to be used in handheld items.
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