Liberty Global (NASDAQ:LBTYB) Shares Gap Down – What’s Next?

Liberty Global Ltd (NASDAQ:LBTYB)’s stock price gapped down prior to trading on Thursday . The stock had previously closed at $13.58, but opened at $13.00. Liberty Global shares last traded at $13.3550, with a volume of 627 shares.

Analysts Set New Price Targets

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

Liberty Global Price Performance

The stock has a market cap of $4.54 billion, a PE ratio of -0.84 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. The firm’s 50 day moving average price is $14.49 and its two-hundred day moving average price is $12.97.

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 the consensus estimate of $1.27 billion. Liberty Global had a negative net margin of 109.64% and a negative return on equity of 47.65%.

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.