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

Liberty Global Ltd (NASDAQ:LBTYB) gapped up prior to trading on Monday . The stock had previously closed at $12.29, but opened at $13.05. Liberty Global shares last traded at $13.0650, with a volume of 329 shares changing hands.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Liberty Global in a research note on Friday, July 31st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.

Liberty Global Trading Down 4.3%

The company has a 50-day moving average price of $12.45 and a 200 day moving average price of $13.31. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.82. The firm has a market cap of $4.31 billion, a price-to-earnings ratio of -1.41 and a beta of 0.43.

Liberty Global (NASDAQ:LBTYB) last posted its quarterly earnings results on Friday, July 24th. The company reported ($1.07) EPS for the quarter, missing the consensus estimate of ($0.48) by ($0.59). The company had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.34 billion. Liberty Global had a negative return on equity of 28.82% and a negative net margin of 62.11%.

Hedge Funds Weigh In On Liberty Global

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

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.