Liberty Global (NASDAQ:LBTYB) Trading 8.9% Higher – Should You Buy?

Shares of Liberty Global Ltd (NASDAQ:LBTYB) were up 8.9% during trading on Thursday . The company traded as high as $12.65 and last traded at $11.9810. 3,823 shares were traded during trading, a decline of 89% from the average session volume of 35,228 shares. The stock had previously closed at $11.00.

Wall Street Analyst Weigh In

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

Liberty Global Stock Performance

The company has a debt-to-equity ratio of 0.79, a current ratio of 1.11 and a quick ratio of 1.11. The stock has a 50-day moving average price of $13.78 and a 200-day moving average price of $13.14. The firm has a market capitalization of $4.48 billion, a PE ratio of -0.84 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. Liberty Global had a negative net margin of 109.64% and a negative return on equity of 47.65%. The firm had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.27 billion.

Institutional Investors Weigh In On Liberty Global

An institutional investor recently bought a new stake in Liberty Global stock. FNY Investment Advisers LLC bought a new stake in shares of Liberty Global Ltd (NASDAQ:LBTYB) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 5,252 shares of the company’s stock, valued at approximately $68,000. Institutional investors own 0.47% of the company’s stock.

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.