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

Liberty Global Ltd (NASDAQ:LBTYB)’s share price gapped up prior to trading on Monday . The stock had previously closed at $11.20, but opened at $12.08. Liberty Global shares last traded at $12.8760, with a volume of 2,781 shares.

Analysts Set New Price Targets

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 investment analyst has rated the stock with a Sell rating, According to MarketBeat, Liberty Global currently has an average rating of “Sell”.

Liberty Global Price Performance

The company has a current ratio of 1.28, a quick ratio of 1.11 and a debt-to-equity ratio of 0.82. The firm has a market cap of $3.98 billion, a PE ratio of -1.31 and a beta of 0.41. The stock has a 50 day simple moving average of $12.85 and a 200-day simple moving average of $13.20.

Liberty Global (NASDAQ:LBTYB) last announced its quarterly earnings data on Friday, July 24th. The company reported ($1.07) EPS for the quarter, missing the consensus estimate of ($0.48) by ($0.59). The business had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.34 billion. Liberty Global had a negative net margin of 62.11% and a negative return on equity of 28.82%.

Institutional Trading of Liberty Global

An institutional investor recently bought a new position in Liberty Global stock. FNY Investment Advisers LLC purchased a new position in Liberty Global Ltd (NASDAQ:LBTYB) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 5,252 shares of the company’s stock, valued at approximately $68,000. Institutional investors own 0.47% of the company’s stock.

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.