Liquidity Services (LQDT) to Release Earnings on Thursday

Liquidity Services (NASDAQ:LQDT) will issue its quarterly earnings data before the market opens on Thursday, December 12th. Parties that are interested in participating in the company’s conference call can do so using this link.

Liquidity Services Stock Performance

Shares of LQDT stock opened at $25.15 on Wednesday. The firm’s 50-day moving average is $23.61 and its 200-day moving average is $21.91. The stock has a market cap of $767.88 million, a price-to-earnings ratio of 39.92 and a beta of 1.42. 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 reaffirmed an “outperform” rating and issued a $27.00 target price on shares of Liquidity Services in a report on Tuesday.

Insider Activity

In other Liquidity Services news, CFO Jorge Celaya sold 10,000 shares of the stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $22.03, for a total value of $220,300.00. Following the transaction, the chief financial officer now directly owns 52,407 shares of the company’s stock, valued at $1,154,526.21. This represents a 16.02 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 29.77% of the stock is owned by insiders.

Liquidity Services Company Profile

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.