LQDT Stock Summary and Trading Ideas (Liquidity Services | NASDAQ:LQDT)

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 e-commerce marketplaces that enable buyers and sellers to transact in an efficient, automated environment offering across different product categories. The company has four reportable segments: GovDeals, Capital Assets Group (CAG), Retail Supply Chain Group (RSCG), and Machinio. It generates majority of its revenue from Retail Supply Chain Group (RSCG) segment which consists of marketplaces that enable corporations located in the United States and Canada to sell excess, returned, and overstocked consumer goods. Geographically, a substantial portion the company's revenue is generated from its business in United States.

Liquidity Services trades on the NASDAQ stock market under the symbol LQDT.

As of April 23, 2024, LQDT stock price declined to $17.33 with 51,356 million shares trading.

LQDT has a beta of 0.56, meaning it tends to be less sensitive to market movements. LQDT has a correlation of 0.04 to the broad based SPY ETF.

LQDT has a market cap of $532.36 million. This is considered a Small Cap stock.

Last quarter Liquidity Services reported $71 million in Revenue and $.14 earnings per share. This fell short of revenue expectation by $-6 million and missed earnings estimates by -$.01.

In the last 3 years, LQDT stock traded as high as $30.00 and as low as $11.39.

The top ETF exchange traded funds that LQDT belongs to (by Net Assets): IJR, CALF, VTI, IWM, VXF.

LQDT has outperformed the market in the last year with a return of +26.4%, while the SPY ETF gained +24.3%. However, in the most recent history, LQDT shares have underperformed the stock market with its stock returning +0.7% in the last 3 month period and -5.3% for the last 2 week period, while SPY has returned +4.9% and -2.5%, respectively.

LQDT support price is $17.07 and resistance is $17.77 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that LQDT stock will trade within this expected range on the day.