Liberty Global (NASDAQ:LBTYB) Stock Price Down 6.1% – Time to Sell?

Liberty Global Ltd (NASDAQ:LBTYB)’s stock price traded down 6.1% during mid-day trading on Thursday . The company traded as low as $12.93 and last traded at $12.5760. Approximately 142 shares were traded during mid-day trading, a decline of 100% from the average session volume of 29,829 shares. The stock had previously closed at $13.40.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Liberty Global in a research note on Friday, July 31st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.

Liberty Global Trading Down 1.3%

The firm’s 50-day moving average price is $12.42 and its 200 day moving average price is $13.45. The company has a market cap of $4.36 billion, a price-to-earnings ratio of -1.42 and a beta of 0.43. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.82.

Liberty Global (NASDAQ:LBTYB) last released its earnings results on Friday, July 24th. The company reported ($1.07) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 net margin of 62.11% and a negative return on equity of 28.82%.

Institutional Investors Weigh In On Liberty Global

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