Liberty Global (NASDAQ:LBTYB) Shares Gap Down – Time to Sell?

Liberty Global Ltd (NASDAQ:LBTYB)’s share price gapped down prior to trading on Tuesday . The stock had previously closed at $14.74, but opened at $12.45. Liberty Global shares last traded at $12.45, with a volume of 247 shares changing hands.

Analysts Set New Price Targets

Separately, Weiss Ratings lowered Liberty Global from a “sell (d)” rating to a “sell (d-)” rating in a research report on Monday, May 4th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Liberty Global has a consensus rating of “Sell”.

Liberty Global Stock Down 2.2%

The business has a fifty day simple moving average of $14.35 and a 200 day simple moving average of $12.76. The firm has a market cap of $4.82 billion, a price-to-earnings ratio of -0.89 and a beta of 0.42. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.11 and a quick ratio of 1.11.

Liberty Global (NASDAQ:LBTYB) last announced its earnings results on Friday, May 1st. The company reported $0.96 EPS for the quarter, beating analysts’ consensus estimates of ($0.35) by $1.31. Liberty Global had a negative return on equity of 47.65% and a negative net margin of 109.64%.The business had revenue of $1.27 billion during the quarter, compared to analysts’ expectations of $1.27 billion.

About Liberty Global

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.