Liberty Global (NASDAQ:LBTYB) Trading 11.6% Higher – Time to Buy?

Shares of Liberty Global Ltd (NASDAQ:LBTYB) traded up 11.6% during mid-day trading on Friday . The stock traded as high as $12.65 and last traded at $13.8940. Approximately 144 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 28,558 shares. The stock had previously closed at $12.45.

Wall Street Analysts Forecast Growth

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

Liberty Global Price Performance

The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.82. The firm has a market cap of $4.41 billion, a P/E ratio of -1.44 and a beta of 0.42. The company has a fifty day moving average price of $12.39 and a two-hundred day moving average price of $13.30.

Liberty Global (NASDAQ:LBTYB) last issued its quarterly earnings data on Friday, July 24th. The company reported ($1.07) earnings per share (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 during the quarter, compared to analyst estimates of $1.34 billion.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Liberty Global stock. FNY Investment Advisers LLC acquired a new position in shares of Liberty Global Ltd (NASDAQ:LBTYB) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,252 shares of the company’s stock, valued at approximately $68,000. Institutional investors and hedge funds own 0.47% of the company’s stock.

Liberty Global Company Profile

Liberty Global plc is an international telecommunications and media company that owns, operates and invests in broadband, mobile, fixed-line voice and video businesses. Its consumer services generally include high-speed internet, mobile connectivity, digital television and related communications products, delivered through established regional brands.

The company’s principal activities are concentrated in Europe. Liberty Global has interests in communications businesses serving customers in the United Kingdom, the Netherlands, Belgium and Switzerland, including Virgin Media O2 in the U.K., VodafoneZiggo in the Netherlands, Telenet in Belgium and Sunrise in Switzerland.