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

Liberty Global Ltd (NASDAQ:LBTYB) shares gapped up prior to trading on Wednesday. The stock had previously closed at $12.05, but opened at $12.75. Liberty Global shares last traded at $12.54, with a volume of 3,923 shares trading hands.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Liberty Global in a report on Friday, July 31st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Liberty Global Stock Up 4.1%

The stock has a market cap of $4.28 billion, a price-to-earnings ratio of -1.40 and a beta of 0.42. 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 firm’s 50-day simple moving average is $12.51 and its two-hundred day simple moving average is $13.25.

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

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Liberty Global stock. FNY Investment Advisers LLC acquired a new stake in Liberty Global Ltd (NASDAQ:LBTYB) during the second quarter, according to its most recent filing with the SEC. The firm 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 telecommunications and media company that owns, operates and invests in broadband, mobile, fixed-line voice and video businesses. Its consumer services generally include high-speed internet, mobile connectivity, digital television and related communications products, delivered through established regional brands.

The company’s principal activities are concentrated in Europe. Liberty Global has interests in communications businesses serving customers in the United Kingdom, the Netherlands, Belgium and Switzerland, including Virgin Media O2 in the U.K., VodafoneZiggo in the Netherlands, Telenet in Belgium and Sunrise in Switzerland.