Liberty Global (NASDAQ:LBTYB) Shares Gap Down – Here’s What Happened

Liberty Global Ltd (NASDAQ:LBTYB)’s stock price gapped down before the market opened on Friday . The stock had previously closed at $12.29, but opened at $11.54. Liberty Global shares last traded at $12.9350, with a volume of 1,827 shares traded.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Liberty Global in a report on Friday, July 31st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of “Sell”.

Liberty Global Trading Up 6.1%

The stock has a market capitalization of $4.45 billion, a P/E ratio of -1.45 and a beta of 0.43. The stock’s fifty day moving average price is $12.52 and its two-hundred day moving average price is $13.26. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.82.

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

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) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 5,252 shares of the company’s stock, valued at approximately $68,000. 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.