Liquidity Services (NASDAQ:LQDT - Get Free Report) will post its quarterly earnings results before the market opens on Thursday, December 12th. Individual interested in listening to the company's earnings conference call can do so using this link.
Liquidity Services Trading Down 0.6 %
Shares of NASDAQ:LQDT traded down $0.16 during mid-day trading on Thursday, reaching $25.37. The stock had a trading volume of 139,531 shares, compared to its average volume of 117,100. The company has a market cap of $774.60 million, a P/E ratio of 40.27 and a beta of 1.42. Liquidity Services has a 1 year low of $13.99 and a 1 year high of $26.15. The business's 50 day moving average price is $23.40 and its 200 day moving average price is $21.73.
Insider Buying and Selling at Liquidity Services
In other Liquidity Services news, EVP John Daunt sold 7,403 shares of the company's stock in a transaction that occurred on Monday, September 9th. The stock was sold at an average price of $21.26, for a total transaction of $157,387.78. Following the sale, the executive vice president now directly owns 43,309 shares in the company, valued at $920,749.34. This represents a 14.60 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Jorge Celaya sold 10,000 shares of the stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of $22.03, for a total value of $220,300.00. Following the completion of the sale, the chief financial officer now owns 52,407 shares in the company, valued at approximately $1,154,526.21. The trade was a 16.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 58,857 shares of company stock worth $1,279,312 over the last ninety days. Company insiders own 29.77% of the company's stock.
Analyst Ratings Changes
Separately, Barrington Research reiterated an "outperform" rating and issued a $27.00 target price on shares of Liquidity Services in a research report on Monday, August 26th.
View Our Latest Research Report on Liquidity Services
About Liquidity Services
(
Get Free Report)
Liquidity Services, Inc provides e-commerce marketplaces, self-directed auction listing tools, and value-added services in the United States and internationally. The company operates through four segments: GovDeals, Retail Supply Chain Group (RSCG), Capital Assets Group (CAG), and Machinio. Its marketplaces include liquidation.com that enable corporations to sell surplus and salvage consumer goods and retail capital assets; GovDeals marketplace, which provides self-directed service solutions in which sellers list their own assets that enables local and state government entities, and commercial businesses located in the United States and Canada to sell surplus and salvage assets; and AllSurplus, a centralized marketplace that connects global buyer base with assets from across the network of marketplaces in a single destination.
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