Liberty Global (NASDAQ:LBTYB) Shares Gap Down – Time to Sell?

Shares of Liberty Global Ltd (NASDAQ:LBTYB) gapped down before the market opened on Thursday . The stock had previously closed at $13.10, but opened at $12.45. Liberty Global shares last traded at $13.1950, with a volume of 3,469 shares traded.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings cut shares of Liberty Global from a “sell (d)” rating to a “sell (d-)” rating in a research note on Monday, May 4th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Liberty Global has an average rating of “Sell”.

Liberty Global Price Performance

The company has a debt-to-equity ratio of 0.79, a current ratio of 1.11 and a quick ratio of 1.11. The stock has a market capitalization of $4.16 billion, a price-to-earnings ratio of -0.77 and a beta of 0.41. The stock has a 50 day moving average price of $14.41 and a 200-day moving average price of $13.07.

Liberty Global (NASDAQ:LBTYB) last announced its quarterly earnings data on Friday, May 1st. The company reported $0.96 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.35) by $1.31. Liberty Global had a negative return on equity of 47.65% and a negative net margin of 109.64%.The company had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.27 billion.

Liberty Global Company Profile

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.