Liquidity Services (NASDAQ:LQDT – Get Free Report) is scheduled to issue its quarterly earnings data before the market opens on Thursday, December 12th. Parties that are interested in registering for the company’s conference call can do so using this link.
Liquidity Services Stock Up 0.6 %
Shares of NASDAQ:LQDT opened at $24.89 on Tuesday. The stock has a market cap of $759.89 million, a PE ratio of 39.51 and a beta of 1.41. The company’s fifty day moving average is $23.55 and its 200 day moving average is $21.87. Liquidity Services has a 52 week low of $13.99 and a 52 week high of $26.15.
Wall Street Analysts Forecast Growth
Separately, Barrington Research restated an “outperform” rating and issued a $27.00 price objective on shares of Liquidity Services in a research report on Monday, August 26th.
Insider Buying and Selling
In related news, CFO Jorge Celaya sold 10,000 shares of the stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $22.03, for a total transaction of $220,300.00. Following the transaction, the chief financial officer now owns 52,407 shares in the company, valued at $1,154,526.21. This represents a 16.02 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 29.77% of the stock is currently owned by insiders.
About Liquidity Services
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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