Liberty Broadband (LBRDK) Earns Coverage Optimism Score of 0.13
News stories about Liberty Broadband (NASDAQ:LBRDK) have been trending somewhat positive on Tuesday, according to Accern. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Liberty Broadband earned a daily sentiment score of 0.13 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 45.7036747712374 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Liberty Broadband (NASDAQ LBRDK) traded down $1.22 during trading on Tuesday, reaching $87.78. 638,999 shares of the company’s stock traded hands, compared to its average volume of 614,378. The firm has a market cap of $16,153.29, a price-to-earnings ratio of 888.30 and a beta of 1.30. The company has a current ratio of 11.64, a quick ratio of 11.64 and a debt-to-equity ratio of 0.06. Liberty Broadband has a 1 year low of $70.21 and a 1 year high of $104.66.
LBRDK has been the topic of several research reports. Zacks Investment Research upgraded shares of Liberty Broadband from a “sell” rating to a “hold” rating in a research note on Tuesday, September 12th. TheStreet lowered shares of Liberty Broadband from a “b” rating to a “c+” rating in a research note on Wednesday, August 16th.
In other Liberty Broadband news, Director John C. Malone sold 45,000 shares of the business’s stock in a transaction that occurred on Monday, September 25th. The shares were sold at an average price of $94.21, for a total value of $4,239,450.00. Following the completion of the sale, the director now directly owns 3,452,779 shares of the company’s stock, valued at $325,286,309.59. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director John C. Malone sold 34,500 shares of the business’s stock in a transaction that occurred on Monday, October 2nd. The stock was sold at an average price of $95.18, for a total transaction of $3,283,710.00. Following the completion of the sale, the director now directly owns 3,452,500 shares of the company’s stock, valued at $328,608,950. The disclosure for this sale can be found here. In the last quarter, insiders sold 141,600 shares of company stock worth $13,372,539. Company insiders own 10.80% of the company’s stock.
TRADEMARK VIOLATION NOTICE: “Liberty Broadband (LBRDK) Earns Coverage Optimism Score of 0.13” was first posted by Watch List News and is owned by of Watch List News. If you are reading this story on another site, it was copied illegally and reposted in violation of U.S. & international trademark and copyright law. The original version of this story can be viewed at https://www.watchlistnews.com/liberty-broadband-lbrdk-earns-coverage-optimism-score-of-0-13/1746193.html.
About Liberty Broadband
Liberty Broadband Corporation holds interest in Charter Communications, Inc (Charter) and its subsidiary Skyhook Holding, Inc (Skyhook). The Company’s segments include Skyhook, Charter, and Corporate and other. Skyhook provides a wireless fidelity (Wi-Fi)-based location platform focused on providing positioning technology and contextual location intelligence solutions.
Receive News & Ratings for Liberty Broadband Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Broadband Corporation and related companies with Analyst Ratings Network's FREE daily email newsletter.