Liquidity Services (LQDT) Scheduled to Post Quarterly Earnings on Tuesday

Liquidity Services (NASDAQ:LQDT) is scheduled to be issuing its quarterly earnings data after the market closes on Tuesday, December 5th. Analysts expect the company to announce earnings of ($0.24) per share for the quarter.

Liquidity Services (NASDAQ:LQDT) opened at $5.80 on Monday. Liquidity Services has a 12-month low of $5.20 and a 12-month high of $10.50.

In other news, insider James M. Rallo sold 11,054 shares of the business’s stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $5.62, for a total value of $62,123.48. Following the transaction, the insider now directly owns 11,054 shares of the company’s stock, valued at approximately $62,123.48. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Roger Gravley sold 8,545 shares of the business’s stock in a transaction that occurred on Monday, October 2nd. The stock was sold at an average price of $5.80, for a total value of $49,561.00. Following the completion of the transaction, the insider now directly owns 9,702 shares in the company, valued at $56,271.60. The disclosure for this sale can be found here. Insiders have sold a total of 34,869 shares of company stock valued at $200,250 in the last three months. 22.30% of the stock is owned by insiders.

Several analysts have weighed in on LQDT shares. ValuEngine raised Liquidity Services from a “strong sell” rating to a “sell” rating in a research note on Friday, September 1st. Zacks Investment Research upgraded Liquidity Services from a “sell” rating to a “hold” rating in a report on Wednesday, October 4th.

COPYRIGHT VIOLATION WARNING: “Liquidity Services (LQDT) Scheduled to Post Quarterly Earnings on Tuesday” was posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this story on another site, it was illegally copied and republished in violation of international copyright law. The correct version of this story can be accessed at https://www.dispatchtribunal.com/2017/12/04/liquidity-services-lqdt-scheduled-to-post-quarterly-earnings-on-tuesday.html.

About Liquidity Services

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.

Earnings History for Liquidity Services (NASDAQ:LQDT)

Receive News & Ratings for Liquidity Services Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liquidity Services Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply