Liberty Global (NASDAQ:LBTYB) Shares Gap Down – Here’s What Happened

Liberty Global Ltd (NASDAQ:LBTYB)’s stock price gapped down prior to trading on Friday . The stock had previously closed at $12.29, but opened at $11.54. Liberty Global shares last traded at $12.9350, with a volume of 1,827 shares.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Liberty Global in a report on Friday, July 31st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has an average rating of “Sell”.

Liberty Global Trading Up 6.1%

The stock has a market cap of $4.45 billion, a P/E ratio of -1.45 and a beta of 0.43. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.28 and a current ratio of 1.28. The stock’s fifty day moving average is $12.52 and its 200 day moving average is $13.26.

Liberty Global (NASDAQ:LBTYB) last released its quarterly earnings results on Friday, July 24th. The company reported ($1.07) earnings per share for the quarter, missing the consensus estimate of ($0.48) by ($0.59). The company had revenue of $1.17 billion for 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%.

Hedge Funds Weigh In On Liberty Global

A hedge fund recently bought a new stake in Liberty Global stock. FNY Investment Advisers LLC acquired a new position in Liberty Global Ltd (NASDAQ:LBTYB) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 5,252 shares of the company’s stock, valued at approximately $68,000. Institutional investors and hedge funds 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.