Liquidity Services (LQDT) to Release Earnings on Thursday

Liquidity Services (NASDAQ:LQDT) is scheduled to be announcing its earnings results before the market opens on Thursday, December 12th. Investors interested in listening to the company’s conference call can do so using this link.

Liquidity Services Stock Up 1.0 %

NASDAQ:LQDT opened at $25.15 on Wednesday. Liquidity Services has a 12-month low of $13.99 and a 12-month high of $26.15. The firm has a market capitalization of $767.88 million, a PE ratio of 39.92 and a beta of 1.42. The firm has a 50-day moving average price of $23.61 and a 200 day moving average price of $21.91.

Wall Street Analysts Forecast Growth

Separately, Barrington Research reaffirmed an “outperform” rating and set a $27.00 price objective on shares of Liquidity Services in a report on Tuesday.

Insider Buying and Selling at Liquidity Services

In other news, CFO Jorge Celaya sold 10,000 shares of the business’s stock in a transaction on Thursday, September 12th. The shares were sold at an average price of $22.03, for a total value of $220,300.00. Following the completion of the transaction, the chief financial officer now owns 52,407 shares of the company’s stock, valued at $1,154,526.21. The trade was a 16.02 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 29.77% of the company’s stock.

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.