Liberty Global (NASDAQ:LBTYB) Stock Price Down 5.2% – Here’s What Happened

Liberty Global Ltd (NASDAQ:LBTYB) shares were down 5.2% during mid-day trading on Thursday . The company traded as low as $15.30 and last traded at $14.64. Approximately 765 shares changed hands during mid-day trading, a decline of 98% from the average daily volume of 45,706 shares. The stock had previously closed at $15.45.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings cut shares of Liberty Global from a “sell (d)” rating to a “sell (d-)” rating in a report on Monday, May 4th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average rating of “Sell”.

Liberty Global Price Performance

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 stock has a market capitalization of $4.86 billion, a price-to-earnings ratio of -0.90 and a beta of 0.42. The company has a 50-day simple moving average of $14.23 and a two-hundred day simple moving average of $12.70.

Liberty Global (NASDAQ:LBTYB) last announced its quarterly earnings results on Friday, May 1st. The company reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.35) by $1.31. The company 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%.

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.