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

Liberty Global Ltd (NASDAQ:LBTYB) gapped down prior to trading on Friday . The stock had previously closed at $13.99, but opened at $12.27. Liberty Global shares last traded at $13.3460, with a volume of 581 shares changing hands.

Analyst Upgrades and Downgrades

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

Liberty Global Trading Down 4.6%

The business has a 50 day moving average of $14.49 and a two-hundred day moving average of $12.90. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.79. The firm has a market cap of $4.51 billion, a P/E ratio of -0.83 and a beta of 0.41.

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

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.