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

Liberty Global Ltd (NASDAQ:LBTYB) gapped down before the market opened on Thursday . The stock had previously closed at $13.60, but opened at $12.22. Liberty Global shares last traded at $12.9830, with a volume of 1,668 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings downgraded 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, the stock has a consensus rating of “Sell”.

Liberty Global Price Performance

The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.79. The business has a 50-day simple moving average of $14.46 and a 200-day simple moving average of $13.03. The company has a market cap of $4.46 billion, a PE ratio of -0.82 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 EPS for the quarter, beating analysts’ consensus estimates of ($0.35) by $1.31. The business had revenue of $1.27 billion during the quarter, compared to analysts’ expectations of $1.27 billion. Liberty Global had a negative return on equity of 47.65% and a negative net margin of 109.64%.

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.