Somewhat Favorable News Coverage Somewhat Unlikely to Impact Liquidity Services (LQDT) Share Price
News headlines about Liquidity Services (NASDAQ:LQDT) have been trending somewhat positive on Tuesday, according to Accern Sentiment. Accern rates the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Liquidity Services earned a media sentiment score of 0.25 on Accern’s scale. Accern also gave news coverage about the business services provider an impact score of 46.4801765283245 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Liquidity Services (NASDAQ:LQDT) opened at $5.35 on Tuesday. Liquidity Services has a 1-year low of $5.30 and a 1-year high of $10.50.
Several research analysts recently issued reports on LQDT shares. ValuEngine raised Liquidity Services from a “strong sell” rating to a “sell” rating in a research report on Friday, September 1st. Zacks Investment Research raised Liquidity Services from a “sell” rating to a “hold” rating in a research report on Wednesday, October 4th.
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In other news, 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 value of $88,566.00. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, 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 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 sold 34,869 shares of company stock worth $200,250 over the last three months. Corporate insiders own 22.30% of the company’s stock.
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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