Liquidity Service (LQDT) Strong On High Relative Volume Today

Trade-Ideas LLC identified Liquidity Service ( LQDT) as a strong on high relative volume candidate. In addition to specific proprietary factors, Trade-Ideas identified Liquidity Service as such a stock due to the following factors:

  • LQDT has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $2.7 million.
  • LQDT has traded 118,495 shares today.
  • LQDT is trading at 12.53 times the normal volume for the stock at this time of day.
  • LQDT is trading at a new high 4.26% above yesterday's close.

'Strong on High Relative Volume' stocks are worth watching because major volume moves tend to indicate underlying activity such as M&A events, material stock news, analyst upgrades, insider buying, buying from 'superinvestors,' or that hedge funds and momentum traders are piling into a stock ahead of a catalyst. Regardless of the impetus behind the price and volume action, when a stock moves with strength and volume it can indicate the start of a new trend on which early investors can capitalize. In the event of a well-timed trading opportunity, combining technical indicators with fundamental trends and a disciplined trading methodology should help you take the first steps towards investment success.

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More details on LQDT:

Liquidity Services, Inc. operates online auction marketplaces for sellers and buyers of surplus, salvage, and scrap assets in the United States. Currently there are no analysts that rate Liquidity Service a buy, 1 analyst rates it a sell, and 2 rate it a hold.

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