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

Liberty Global Ltd (NASDAQ:LBTYB) gapped down prior to trading on Thursday . The stock had previously closed at $13.10, but opened at $12.45. Liberty Global shares last traded at $13.1950, with a volume of 3,469 shares changing hands.

Analyst Ratings Changes

Separately, Weiss Ratings lowered shares of Liberty Global from a “sell (d)” rating to a “sell (d-)” rating in a research report on Monday, May 4th. One equities research 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 6.8%

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 $4.16 billion, a price-to-earnings ratio of -0.77 and a beta of 0.41. The company has a fifty day moving average price of $14.41 and a 200-day moving average price of $13.07.

Liberty Global (NASDAQ:LBTYB) last announced its quarterly earnings results on Friday, May 1st. The company reported $0.96 earnings per share for the quarter, beating the consensus estimate 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 company had revenue of $1.27 billion during the quarter, compared to analysts’ expectations of $1.27 billion.

About Liberty Global

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.