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HomeMarketResultsLiquidity Services (NASDAQ:LQDT) Stock Rating Lowered by StockNews.com

Liquidity Services (NASDAQ:LQDT) Stock Rating Lowered by StockNews.com


Liquidity Providers (NASDAQ:LQDTGet Rating) was downgraded by equities analysis analysts at StockNews.com from a “strong-buy” ranking to a “purchase” ranking in a analysis observe issued to traders on Tuesday.

LQDT has been the subject of a number of different analysis studies. TheStreet raised shares of Liquidity Providers from a “c+” ranking to a “b-” ranking in a report on Thursday, October twentieth. Barrington Analysis minimize their worth goal on shares of Liquidity Providers from $26.00 to $20.00 in a analysis report on Friday, December ninth.

Liquidity Providers Inventory Up 1.2 %

Shares of LQDT stock opened at $14.00 on Tuesday. The agency has a market capitalization of $501.17 million, a PE ratio of 11.67 and a beta of 1.33. The corporate has a 50 day shifting common worth of $15.98 and a 200-day shifting common worth of $16.55. Liquidity Providers has a 52 week low of $11.39 and a 52 week excessive of $23.39.

Insider Exercise

In associated information, Director Jaime Mateus-Tique offered 11,368 shares of the inventory in a transaction that occurred on Monday, December twelfth. The shares have been offered at a mean worth of $12.87, for a complete worth of $146,306.16. Following the transaction, the director now owns 141,827 shares within the firm, valued at roughly $1,825,313.49. The sale was disclosed in a submitting with the SEC, which is offered by this link. In different information, Director Jaime Mateus-Tique offered 11,368 shares of the inventory in a transaction that occurred on Monday, December twelfth. The inventory was offered at a mean worth of $12.87, for a complete transaction of $146,306.16. Following the transaction, the director now owns 141,827 shares within the firm, valued at roughly $1,825,313.49. The sale was disclosed in a authorized submitting with the Securities & Change Fee, which is offered at this link. Additionally, CEO William P. Angrick III offered 5,786 shares of the agency’s inventory in a transaction on Thursday, October twenty seventh. The shares have been offered at a mean worth of $18.00, for a complete worth of $104,148.00. Following the completion of the transaction, the chief government officer now owns 5,418,090 shares within the firm, valued at roughly $97,525,620. The disclosure for this sale will be discovered here. Insiders have offered a complete of 67,076 shares of firm inventory value $1,149,050 over the past 90 days. 29.33% of the inventory is at present owned by company insiders.

Institutional Inflows and Outflows

A lot of institutional traders have just lately modified their holdings of the inventory. Financial institution of New York Mellon Corp grew its holdings in Liquidity Providers by 4.8% within the third quarter. Financial institution of New York Mellon Corp now owns 248,744 shares of the enterprise companies supplier’s inventory valued at $4,044,000 after buying an extra 11,400 shares over the last quarter. Values First Advisors Inc. grew its stake in shares of Liquidity Providers by 3.3% within the third quarter. Values First Advisors Inc. now owns 40,879 shares of the enterprise companies supplier’s inventory valued at $665,000 after shopping for an extra 1,309 shares within the final quarter. Lecturers Retirement System of The State of Kentucky acquired a brand new stake in Liquidity Providers throughout the third quarter valued at roughly $128,000. Alpha Paradigm Companions LLC lifted its holdings in Liquidity Providers by 3.0% throughout the third quarter. Alpha Paradigm Companions LLC now owns 30,046 shares of the enterprise companies supplier’s inventory value $489,000 after shopping for an extra 863 shares over the last quarter. Lastly, BNP Paribas Arbitrage SNC lifted its holdings in shares of Liquidity Providers by 53.2% within the third quarter. BNP Paribas Arbitrage SNC now owns 11,232 shares of the enterprise companies supplier’s inventory value $183,000 after buying an extra 3,899 shares over the last quarter. Institutional traders and hedge funds personal 65.38% of the corporate’s inventory.

Liquidity Providers Firm Profile

(Get Rating)

Liquidity Providers, Inc gives e-commerce marketplaces, self-directed public sale itemizing instruments, and value-added companies. It operates by 4 segments: Retail Provide Chain Group, Capital Property Group, GovDeals, and Machinio. The corporate’s marketplaces embody liquidation.com that allow firms to promote surplus and salvage client items and retail capital property; GovDeals market, which gives self-directed service options wherein sellers checklist their very own property that permits native and state authorities entities, and business companies situated in the US and Canada to promote surplus and salvage property; and AllSurplus, a centralized market that connects international purchaser base with property from throughout the community of marketplaces in a single vacation spot.

Really helpful Tales

This prompt information alert was generated by narrative science know-how and monetary information from MarketBeat to be able to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial crew previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

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