News stories about Liquidity Services (NASDAQ:LQDT) have trended positive on Friday, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Liquidity Services earned a daily sentiment score of 0.31 on Accern’s scale. Accern also assigned media stories about the business services provider an impact score of 44.9417917643276 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
A number of research firms have weighed in on LQDT. Robert W. Baird restated a “neutral” rating on shares of Liquidity Services in a research report on Monday, July 3rd. Zacks Investment Research downgraded Liquidity Services from a “hold” rating to a “sell” rating in a research report on Wednesday, July 5th. Finally, ValuEngine upgraded Liquidity Services from a “strong sell” rating to a “sell” rating in a research report on Friday, September 1st.
Liquidity Services (LQDT) traded up 0.85% during midday trading on Friday, reaching $5.90. The company’s stock had a trading volume of 11,805 shares. The firm has a 50 day moving average price of $5.83 and a 200 day moving average price of $6.54. Liquidity Services has a one year low of $5.50 and a one year high of $10.50. The firm’s market cap is $185.87 million.
Liquidity Services (NASDAQ:LQDT) last announced its earnings results on Thursday, August 3rd. The business services provider reported ($0.22) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.25) by $0.03. The firm had revenue of $65.50 million for the quarter, compared to analysts’ expectations of $79.56 million. Liquidity Services had a negative net margin of 27.52% and a negative return on equity of 16.59%. The business’s revenue was down 23.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.07 EPS. Equities research analysts forecast that Liquidity Services will post ($0.91) EPS for the current fiscal year.
In related news, insider Roger Gravley sold 8,545 shares of the stock in a transaction dated Monday, October 2nd. The shares were sold at an average price of $5.80, for a total value of $49,561.00. Following the sale, the insider now directly owns 9,702 shares of the company’s stock, valued at approximately $56,271.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider James M. Rallo sold 15,270 shares of the stock in a transaction dated Tuesday, October 3rd. The stock was sold at an average price of $5.80, for a total transaction of $88,566.00. The disclosure for this sale can be found here. 22.30% of the stock is currently owned by corporate insiders.
Liquidity Services Company Profile
Liquidity Services, Inc operates a network of e-commerce marketplaces that enable buyers and sellers to transact in an automated environment. The Company employs e-commerce marketplace solutions to manage, value and sell inventory and equipment for business and government clients. The Company’s marketplaces provide professional buyers access to a global supply of new, surplus and scrap assets presented with digital images and other relevant product information.
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