Liberty Global (NASDAQ:LBTYB) Shares Gap Up – Still a Buy?

Liberty Global Ltd (NASDAQ:LBTYB)’s stock price gapped up prior to trading on Monday . The stock had previously closed at $11.65, but opened at $12.96. Liberty Global shares last traded at $12.17, with a volume of 2,507 shares trading hands.

Wall Street Analysts Forecast Growth

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

Liberty Global Price Performance

The company has a market capitalization of $4.12 billion, a price-to-earnings ratio of -0.76 and a beta of 0.41. The company has a fifty day simple moving average of $13.48 and a two-hundred day simple moving average of $13.16. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.11 and a current ratio of 1.11.

Liberty Global (NASDAQ:LBTYB) last posted its quarterly earnings data on Friday, May 1st. The company reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.35) by $1.31. The business had revenue of $1.27 billion for 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%.

Institutional Trading of Liberty Global

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