NEW YORK ( TheStreet) -- Liquidity Service (Nasdaq: LQDT) is trading at unusually high volume Wednesday with 1.4 million shares changing hands. It is currently at 4.4 times its average daily volume and trading up 72 cents (+2.1%) at $35.23 as of 1:40 p.m. ET.

Liquidity Service has a market cap of $1.03 billion and is part of the services sector and retail industry. Shares are down 6.5% year to date as of the close of trading on Tuesday.

Liquidity Services, Inc. operates various online auction marketplaces for surplus and salvage assets in the United States. The company has a P/E ratio of 33.1, below the average retail industry P/E ratio of 120.7 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Liquidity Service as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Liquidity Service Ratings Report.

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