Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Liquidity Services Inc shares valued at $220,300 were sold by Celaya Jorge on Sep 12 ’24. At $22.03 per share, Celaya Jorge sold 10,000 shares. The insider’s holdings dropped to 52,407 shares worth approximately $1.34 million following the completion of this transaction.
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Also, Celaya Jorge sold 2,259 shares, netting a total of over 50,805 in proceeds. Following the sale of shares at $22.49 each, the insider now holds 50,148 shares.
Before that, Celaya Jorge had added 2,259 shares to its account. In a trade valued at $50,805, the Officer bought Liquidity Services Inc shares for $22.49 each.
As published in their initiating research note from Craig Hallum on June 27, 2022, Liquidity Services Inc [LQDT] has been a Buy and the price target has been revised to $28. Analysts at The Benchmark Company resumed the stock at ‘”a Hold”‘ outlook in a report released in early May. As of February 05, 2016, RBC Capital Mkts has reiterated its “Sector perform” rating for LQDT. Earlier on November 20, 2015, RBC Capital Mkts resumed its rating. Their recommendation was “a Sector perform” for LQDT stock.
Analyzing LQDT Stock Performance
During the last five days, there has been a surge of approximately 2.20%. Over the course of the year, Liquidity Services Inc shares have jumped approximately 48.46%. Shares of the company reached a 52-week high of $25.85 on 11/25/24 and a 52-week low of $13.99 on 02/08/24. A 50-day SMA is recorded $23.12, while a 200-day SMA reached $20.41. Nevertheless, trading volume fell to 52729.0 shares from 0.12 million shares the previous day.
Support And Resistance Levels for Liquidity Services Inc (LQDT)
According to the 24-hour chart, there is a support level at 25.33, which, if violated, would cause prices to drop to 25.12. In the upper region, resistance lies at 25.78. The next price resistance is at 26.02. RSI (Relative Strength Index) is 70.84 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.31, which suggests the price will decrease in the coming days. Percent R is at 18.40%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
