Liberty Global (NASDAQ:LBTYB) Shares Up 5% – Should You Buy?

Liberty Global Ltd (NASDAQ:LBTYB)’s share price shot up 5% during trading on Wednesday . The company traded as high as $14.20 and last traded at $14.20. 404 shares were traded during trading, a decline of 99% from the average session volume of 42,239 shares. The stock had previously closed at $13.53.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings downgraded Liberty Global from a “sell (d)” rating to a “sell (d-)” rating in a research report on Monday, May 4th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has an average rating of “Sell”.

Liberty Global Stock Performance

The firm has a 50 day moving average of $14.50 and a two-hundred day moving average of $12.85. The stock has a market cap of $4.80 billion, a PE ratio of -0.89 and a beta of 0.41. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.11 and a quick ratio of 1.11.

Liberty Global (NASDAQ:LBTYB) last posted its earnings results on Friday, May 1st. The company reported $0.96 earnings per share for the quarter, topping the consensus estimate of ($0.35) by $1.31. The firm had revenue of $1.27 billion during the quarter, compared to analysts’ expectations of $1.27 billion. Liberty Global had a negative return on equity of 47.65% and a negative net margin of 109.64%.

About Liberty Global

Liberty Global Plc is an international television and broadband company, which engages in the provision of broadband communications services. It operates through the following geographical segments: U.K. and Ireland, Belgium, Switzerland, Central and Eastern Europe, and Central and Corporate. Its products include broadband, WiFi, connectivity products, TV platforms, and TV content. The company was founded in 2004 and is headquartered in London, the United Kingdom.