Liquidity Services Inc. (NASDAQ:LQDT) traded at a new 52-week high today of $22.00. This new high was reached on below average trading volume as 165,000 shares traded hands, while the average 30-day volume is approximately 388,000 shares.
Liquidity Services Inc is an online auction marketplace. It manages and sells inventory and equipment for business and government clients by operating a network of leading e-commerce marketplaces that enable buyers and sellers to transact in an efficient, automated environment offering over 500 product categories. The services provided by the company include program management, valuation, asset management, reconciliation, RTV and RMA (“Return to Vendor” and “Returns Management Authorization”), refurbishment and recycling, fulfillment, marketing and sales, warehousing and transportation, buyer support, compliance, and risk mitigation, as well as self-service tools.
In the past 52 weeks, shares of Liquidity Services Inc. have traded between a low of $3.01 and a high of $22.00 and is now at $20.28, which is 574% above that low price.
Liquidity Services Inc. (NASDAQ:LQDT) defies analysts with a current price ($20.28) 3.7% above its average consensus price target of $19.52.
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