Liberty Global (NASDAQ:LBTYB) Share Price Breaks Above Fifty Day Moving Average – Should You Sell?

Shares of Liberty Global Ltd (NASDAQ:LBTYB) crossed above its 50-day moving average during trading on Wednesday. The stock has a 50-day moving average of $12.08 and traded as high as $12.50. Liberty Global shares last traded at $12.15, with a volume of 9,220 shares traded.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Liberty Global in a report on Thursday, October 29th. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat, Liberty Global presently has an average rating of “Sell”.

Liberty Global Price Performance

The firm has a market capitalization of $4.14 billion, a PE ratio of -1.64 and a beta of 0.50. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 1.81. The company has a fifty day moving average price of $12.08 and a two-hundred day moving average price of $12.99.

Liberty Global (NASDAQ:LBTYB) last released its quarterly earnings results on Tuesday, November 3rd. The company reported $1.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.32) by $1.64. The firm had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.71 billion. Liberty Global had a negative return on equity of 25.14% and a negative net margin of 44.40%.

Hedge Funds Weigh In On Liberty Global

An institutional investor recently bought a new position in Liberty Global stock. FNY Investment Advisers LLC bought a new position in shares of Liberty Global Ltd (NASDAQ:LBTYB) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 5,252 shares of the company’s stock, valued at approximately $68,000. 0.47% of the stock is currently owned by hedge funds and other institutional investors.

Liberty Global Company Profile

Liberty Global is an international telecommunications company that provides broadband internet, video, mobile and fixed-line voice services through operating businesses and joint ventures. Its consumer brands and services serve residential and business customers in several European markets. The company’s portfolio includes interests in Virgin Media O2 in the United Kingdom and VodafoneZiggo in the Netherlands, as well as operating businesses such as Telenet in Belgium. Its structure combines wholly owned businesses with partnerships alongside other telecommunications companies.