NEW YORK ( TheStreet) -- Liquidity Service (Nasdaq: LQDT) hit a new 52-week high Friday as it is currently trading at $40.39, above its previous 52-week high of $40.26 with 301,400 shares traded as of 2:54 p.m. ET. Average volume has been 313,100 shares over the past 30 days. Liquidity Service has a market cap of $1.03 billion and is part of the services sector and retail industry. Shares are up 6.7% year to date as of the close of trading on Thursday. 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 28.9, below the average retail industry P/E ratio of 120.7 and above the S&P 500 P/E ratio of 17.7.
- Sign up for TheStreet's FREE Dividend and Income Investor Newsletter