Top 5 Japanese Stocks To Watch Right Now

Top 5 Japanese Stocks To Watch Right Now: Liquidity Services Inc.(LQDT)

Liquidity Services, Inc. operates various online auction marketplaces for surplus and salvage assets in the United States. Its auction marketplaces include liquidation.com, which enables corporations and selected government agencies located in the United States to sell surplus and salvage consumer goods and capital assets; govliquidation.com that enables government agencies to sell surplus and scrap assets; govdeals.com, which enables local and state government entities, including city, county, and state agencies, as well as school boards and public utilities located in the United States to sell surplus and salvage assets. The company also operates secondipity.com that provides consumers a source of products and a socially conscious online experience through donating a portion of the proceeds of every sale to charity; and truckcenter.com, a marketplace for the sale of idle, surplus, and used fleet and transportation equipment. Its marketplaces provide professional buyers a ccess to supply of surplus and salvage assets presented with customer focused information, including digital images and other relevant product information along with services to complete the transaction; and enable corporate and government sellers to enhance their financial return on excess assets by providing liquid marketplaces and value-added services that integrate sales and marketing, logistics, and transaction settlement. The company offers approximately 500 products organized into various categories, including consumer electronics, general merchandise, apparel, scientific equipment, aerospace parts and equipment, technology hardware, energy equipment, industrial capital assets, fleet and transportation equipment, and specialty equipment. Liquidity Services, Inc. was founded in 1999 and is headquartered in Washington, District of Columbia.

Adviso! rs' Opinion:

• [By Vera Yuan]

  •Online auction marketplace service provider Liquidity Services, Inc. (LQDT) lost a 2015 rolling stock Department of Defense contract but was the winner of the non-rolling stock contract. However, its winning bid of 4.35% was much higher than the historical contracted rate of 1.8%. This will considerably raise the cost of goods sold of its non-rolling stock segment, thus having a material impact on its profitability.

• [By Lisa Levin]

  Liquidity Services (NASDAQ: LQDT) shares fell 1.02% to reach a new 52-week low of $17.50. Liquidity Services is expected to report its Q2 results on May 8, 2014.

• [By Jake L'Ecuyer]

  Liquidity Services (NASDAQ: LQDT) shares tumbled 12.06 percent to $18.31 after the company announced that it withdrew bid for rolling stock surplus contract.

• [By Jake L'Ecuyer]

  Liquidity Services (NASDAQ: LQDT) shares tumbled 12.61 percent to $18.23 after the company announced that it withdrew bid for rolling stock surplus contract.

source from Top Stocks For 2015:http://www.topstocksblog.com/top-5-japanese-stocks-to-watch-right-now.html