Liquidity Services (NASDAQ:LQDT) issued an update on its first quarter earnings guidance on Tuesday morning. The company provided earnings per share guidance of $(0.34)-(0.25) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.16).

Liquidity Services (NASDAQ LQDT) traded up $0.05 during midday trading on Tuesday, reaching $5.85. 58,300 shares of the company’s stock were exchanged, compared to its average volume of 114,025. Liquidity Services has a 12 month low of $5.20 and a 12 month high of $10.50.

LQDT has been the topic of a number of recent analyst reports. ValuEngine upgraded shares of Liquidity Services from a strong sell rating to a sell rating in a research note on Friday, September 1st. Zacks Investment Research upgraded shares of Liquidity Services from a sell rating to a hold rating in a research note on Wednesday, October 4th.

In other Liquidity Services news, insider James M. Rallo sold 11,054 shares of the stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $5.62, for a total transaction of $62,123.48. Following the completion of the sale, 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 legal filing with the SEC, which is available at this link. Also, insider Roger Gravley sold 8,545 shares of the stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $5.80, for a total transaction of $49,561.00. Following the sale, the insider now directly owns 9,702 shares of the company’s stock, valued at $56,271.60. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 34,869 shares of company stock worth $200,250. 22.30% of the stock is owned by company insiders.

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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 and Estimates for Liquidity Services (NASDAQ:LQDT)

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