NEW YORK ( TheStreet) -- Liquidity Service (Nasdaq: LQDT) is trading at unusually high volume Tuesday with 3.6 million shares changing hands. It is currently at four times its average daily volume and trading up $1.94 (+4.4%) at $45.89 as of 3:15 p.m. ET.
Liquidity Service has a market cap of $1.39 billion and is part of the services sector and retail industry. Shares are up 19.1% year to date as of the close of trading on Monday. 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 27.9, below the average retail industry P/E ratio of 49 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 robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income 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. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.