Liquidity Services, Inc. (NASDAQ:LQDT) has been downgraded to Strong Sell in a statement by Zacks Investment Research earlier today.
- Updated: November 29, 2016
Zacks Investment Research has downgraded Liquidity Services, Inc. (NASDAQ:LQDT) to Strong Sell in a statement released on 11/30/2016.
On 2/5/2016, RBC Capital Markets released a statement about Liquidity Services, Inc. (NASDAQ:LQDT) dropped the target price from $8.00 to $6.00 that suggested an upside of 0.19%.
Having a price of $9.55, Liquidity Services, Inc. (NASDAQ:LQDT) traded -1.55% lower on the day. With the last stock price up 9.58% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. LQDT has recorded a 50-day average of $9.21 and a two hundred day average of $8.71. Trade Volume was down over the average, with 0 shares of LQDT changing hands under the typical 117,205
Recent Performance Chart
Liquidity Services, Inc. has with a one year low of $4.42 and a one year high of $11.49 and has a market capitalization of $0.
A total of 3 brokerages have issued a ratings update on Liquidity Services, Inc.. zero brokerages rating the company a strong buy, zero brokerages rating the company a buy, four brokerages rating the company a hold, one brokerage rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $5.83.
General Company Details For Liquidity Services, Inc. (NASDAQ:LQDT)
Liquidity Services, Inc. is an online auction marketplace for surplus and salvage assets. The Company operates through the operating auction marketplaces for sellers and buyers of surplus, salvage and scrap assets segment. The Company enables buyers and sellers to transact in an automated online auction environment offering over 500 product categories. It organizes its products into categories across industry verticals, such as consumer electronics, general merchandise, apparel, scientific equipment, aerospace parts and equipment, technology hardware, energy equipment, industrial capital assets, fleet and transportation equipment, and specialty equipment. It offers value-added services, such as merchandising and channel optimization; logistics, and settlement and customer support, including compliance services. Its marketplaces include www.liquidation.com, www.govliquidation.com, www.govdeals.com, www.networkintl.com, www.truckcenter.com, www.secondipity.com and www.go-dove.com.
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