Liberty Global (NASDAQ:LBTYB) Shares Gap Up – What’s Next?

Shares of Liberty Global Ltd (NASDAQ:LBTYB) gapped up prior to trading on Friday. The stock had previously closed at $12.14, but opened at $12.65. Liberty Global shares last traded at $12.30, with a volume of 654 shares traded.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Liberty Global in a report on Thursday, October 29th. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat, Liberty Global has an average rating of “Sell”.

Liberty Global Trading Down 1.8%

The firm’s 50 day simple moving average is $12.06 and its two-hundred day simple moving average is $12.99. The stock has a market capitalization of $4.11 billion, a P/E ratio of -1.63 and a beta of 0.50. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 1.81.

Liberty Global (NASDAQ:LBTYB) last released its quarterly earnings data on Tuesday, November 3rd. The company reported $1.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.32) by $1.64. The company had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.71 billion. Liberty Global had a negative net margin of 44.40% and a negative return on equity of 25.14%.

Institutional Trading of Liberty Global

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

About Liberty Global

Liberty Global is an international telecommunications company that provides broadband internet, video, mobile and fixed-line voice services through operating businesses and joint ventures. Its consumer brands and services serve residential and business customers in several European markets. The company’s portfolio includes interests in Virgin Media O2 in the United Kingdom and VodafoneZiggo in the Netherlands, as well as operating businesses such as Telenet in Belgium. Its structure combines wholly owned businesses with partnerships alongside other telecommunications companies.