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

Liberty Global Ltd (NASDAQ:LBTYB) shares gapped up prior to trading on Monday . The stock had previously closed at $14.80, but opened at $15.90. Liberty Global shares last traded at $15.6550, with a volume of 1,374 shares changing hands.

Analysts Set New Price Targets

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

Liberty Global Stock Performance

The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.11 and a current ratio of 1.11. The company has a market cap of $5.00 billion, a price-to-earnings ratio of -0.94 and a beta of 0.42. The company has a fifty day moving average of $14.12 and a two-hundred day moving average of $12.62.

Liberty Global (NASDAQ:LBTYB) last released its quarterly earnings data on Friday, May 1st. The company reported $0.96 earnings per share for the quarter, beating the consensus estimate of ($0.35) by $1.31. Liberty Global had a negative return on equity of 47.65% and a negative net margin of 109.64%.The company had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.27 billion.

About Liberty Global

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.