Shares of Liquidity Services, Inc. (NASDAQ:LQDT) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $5.80 and last traded at $5.85, with a volume of 79,910 shares. The stock had previously closed at $6.03.

A number of equities analysts recently commented on the stock. Zacks Investment Research raised shares of Liquidity Services from a “sell” rating to a “hold” rating in a research report on Tuesday, July 11th. Robert W. Baird reaffirmed a “neutral” rating on shares of Liquidity Services in a research report on Monday, July 3rd. Finally, ValuEngine raised shares of Liquidity Services from a “strong sell” rating to a “sell” rating in a research report on Friday, June 2nd.

The company has a 50-day moving average price of $6.41 and a 200-day moving average price of $7.32. The firm’s market cap is $182.72 million.

Liquidity Services (NASDAQ:LQDT) last released its quarterly earnings data on Thursday, August 3rd. The business services provider reported ($0.22) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.25) by $0.03. The business had revenue of $65.50 million for the quarter, compared to the consensus estimate of $79.56 million. Liquidity Services had a negative net margin of 27.52% and a negative return on equity of 16.59%. The company’s revenue was down 23.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.07 earnings per share. On average, equities research analysts anticipate that Liquidity Services, Inc. will post ($0.91) EPS for the current year.

Large investors have recently added to or reduced their stakes in the stock. Arizona State Retirement System increased its stake in Liquidity Services by 1.6% in the first quarter. Arizona State Retirement System now owns 12,737 shares of the business services provider’s stock valued at $102,000 after buying an additional 200 shares during the period. Texas Permanent School Fund increased its stake in Liquidity Services by 1.2% in the second quarter. Texas Permanent School Fund now owns 17,931 shares of the business services provider’s stock valued at $114,000 after buying an additional 204 shares during the period. Prudential Financial Inc. increased its stake in Liquidity Services by 0.8% in the first quarter. Prudential Financial Inc. now owns 53,538 shares of the business services provider’s stock valued at $428,000 after buying an additional 450 shares during the period. Schwab Charles Investment Management Inc. increased its stake in Liquidity Services by 0.5% in the second quarter. Schwab Charles Investment Management Inc. now owns 98,702 shares of the business services provider’s stock valued at $627,000 after buying an additional 513 shares during the period. Finally, Thrivent Financial For Lutherans increased its stake in Liquidity Services by 5.2% in the first quarter. Thrivent Financial For Lutherans now owns 13,770 shares of the business services provider’s stock valued at $110,000 after buying an additional 680 shares during the period. 66.27% of the stock is currently owned by institutional investors and hedge funds.

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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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