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

Shares of Liberty Global Ltd (NASDAQ:LBTYB) gapped down before the market opened on Tuesday . The stock had previously closed at $13.20, but opened at $11.70. Liberty Global shares last traded at $11.6890, with a volume of 531 shares.

Wall Street Analyst Weigh In

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 investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Liberty Global has an average rating of “Sell”.

Liberty Global Stock Up 3.3%

The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.79. The company has a market capitalization of $3.92 billion, a P/E ratio of -0.72 and a beta of 0.41. The firm’s 50 day moving average price is $14.02 and its two-hundred day moving average price is $13.14.

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

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.