Liquidity Services Inc. (LQDT) Plunges 5.84% on April 01

Liquidity Services Inc. (LQDT) Plunges 5.84% on April 01

Liquidity Services Inc. (LQDT) had a rough trading day for Monday April 01 as shares tumbled 5.84%, or a loss of $-0.45 per share, to close at $7.26. After opening the day at $7.75, shares of Liquidity Services Inc. traded as high as $7.89 and as low as $7.16. Volume was 117,003 shares over 1,102 trades, against an average daily volume of n/a shares and a total float of 33.31 million.

As a result of the decline, Liquidity Services Inc. now has a market cap of $241.81 million. In the last year, shares of Liquidity Services Inc. have traded between a range of $9.16 and $5.17, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.

Liquidity Service 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.

Liquidity Services Inc. is based out of Bethesda, MD and has some 669 employees. Its CEO is William P. Angrick.

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