Liberty Global (NASDAQ:LBTYB) Shares Gap Down – Should You Sell?

Liberty Global Ltd (NASDAQ:LBTYB)’s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $13.66, but opened at $12.60. Liberty Global shares last traded at $13.0050, with a volume of 93,490 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Liberty Global in a research report on Friday, July 31st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Liberty Global has an average rating of “Sell”.

Liberty Global Stock Down 2.3%

The stock has a market cap of $4.47 billion, a P/E ratio of -1.46 and a beta of 0.43. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.82. The stock’s 50-day moving average is $12.42 and its 200-day moving average is $13.45.

Liberty Global (NASDAQ:LBTYB) last released its quarterly earnings results on Friday, July 24th. The company reported ($1.07) EPS for the quarter, missing analysts’ consensus estimates of ($0.48) by ($0.59). The company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.34 billion. Liberty Global had a negative return on equity of 28.82% and a negative net margin of 62.11%.

Institutional Investors Weigh In On Liberty Global

A hedge fund recently bought a new stake in Liberty Global stock. FNY Investment Advisers LLC purchased a new stake in Liberty Global Ltd (NASDAQ:LBTYB) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 5,252 shares of the company’s stock, valued at approximately $68,000. Hedge funds and other institutional investors own 0.47% of the company’s stock.

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.