Liberty Global (NASDAQ:LBTYB) Shares Gap Up – What’s Next?

Liberty Global Ltd (NASDAQ:LBTYB)’s share price gapped up before the market opened on Monday . The stock had previously closed at $14.80, but opened at $15.90. Liberty Global shares last traded at $15.6550, with a volume of 1,374 shares.

Analysts Set New Price Targets

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 research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of “Sell”.

Liberty Global Price Performance

The stock has a market capitalization of $5.00 billion, a price-to-earnings ratio of -0.94 and a beta of 0.42. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.79. The business’s 50 day simple moving average is $14.12 and its 200-day simple moving average is $12.62.

Liberty Global (NASDAQ:LBTYB) last announced its quarterly earnings data on Friday, May 1st. The company reported $0.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.35) by $1.31. The firm had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.27 billion. Liberty Global had a negative net margin of 109.64% and a negative return on equity of 47.65%.

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.