Liberty Global (NASDAQ:LBTYB) Trading Up 8.9% – What’s Next?

Liberty Global Ltd (NASDAQ:LBTYB) was up 8.9% during trading on Thursday . The company traded as high as $12.65 and last traded at $11.9810. Approximately 3,823 shares changed hands during mid-day trading, a decline of 89% from the average session volume of 35,228 shares. The stock had previously closed at $11.00.

Analyst Ratings Changes

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 research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Liberty Global presently 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 company has a 50 day moving average price of $13.61 and a 200 day moving average price of $13.14. The firm has a market cap of $4.16 billion, a PE ratio of -0.77 and a beta of 0.41.

Liberty Global (NASDAQ:LBTYB) last posted its quarterly earnings data 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. The firm had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.27 billion. Liberty Global had a negative net margin of 109.64% and a negative return on equity of 47.65%.

Institutional Trading of Liberty Global

An institutional investor recently bought a new stake in Liberty Global stock. FNY Investment Advisers LLC purchased a new position in shares of Liberty Global Ltd (NASDAQ:LBTYB) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 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 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.