Liberty Global (NASDAQ:LBTYB) Shares Gap Up – Here’s Why

Liberty Global Ltd (NASDAQ:LBTYB – Get Free Report) gapped up prior to trading on Friday. The stock had previously closed at $12.14, but opened at $12.65. Liberty Global shares last traded at $12.30, with a volume of 654 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Liberty Global in a research note on Thursday, October 29th. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Check Out Our Latest Stock Report on Liberty Global

Liberty Global Stock Performance

The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 1.81. The company has a market cap of $4.11 billion, a P/E ratio of -1.63 and a beta of 0.50. The company’s 50-day moving average is $12.06 and its two-hundred day moving average is $12.99.

Liberty Global (NASDAQ:LBTYB – Get Free Report) last released its earnings results on Tuesday, November 3rd. The company reported $1.32 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.32) by $1.64. The firm had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.71 billion. Liberty Global had a negative net margin of 44.40% and a negative return on equity of 25.14%.

Institutional Trading of Liberty Global

An institutional investor recently bought a new position in Liberty Global stock. FNY Investment Advisers LLC bought a new stake in Liberty Global Ltd (NASDAQ:LBTYB – Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 5,252 shares of the company’s stock, valued at approximately $68,000. 0.47% of the stock is owned by hedge funds and other institutional investors.

About Liberty Global

(Get Free Report)

Liberty Global is an international telecommunications company that provides broadband internet, video, mobile and fixed-line voice services through operating businesses and joint ventures. Its consumer brands and services serve residential and business customers in several European markets. The company’s portfolio includes interests in Virgin Media O2 in the United Kingdom and VodafoneZiggo in the Netherlands, as well as operating businesses such as Telenet in Belgium. Its structure combines wholly owned businesses with partnerships alongside other telecommunications companies.

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