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

Liberty Global Ltd (NASDAQ:LBTYB) shares gapped up prior to trading on Friday . The stock had previously closed at $12.48, but opened at $13.01. Liberty Global shares last traded at $12.4270, with a volume of 404 shares traded.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Liberty Global in a research report on Friday, July 31st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

Liberty Global Stock Performance

The firm’s 50 day simple moving average is $12.50 and its 200 day simple moving average is $13.28. The firm has a market cap of $4.39 billion, a PE ratio of -1.44 and a beta of 0.42. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.82.

Liberty Global (NASDAQ:LBTYB) last posted its earnings results on Friday, July 24th. The company reported ($1.07) EPS for the quarter, missing analysts’ consensus estimates of ($0.48) by ($0.59). Liberty Global had a negative return on equity of 28.82% and a negative net margin of 62.11%.The firm had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.34 billion.

Institutional Investors 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 Liberty Global Ltd (NASDAQ:LBTYB) in the second quarter, according to the company in its most recent filing with the SEC. The fund bought 5,252 shares of the company’s stock, valued at approximately $68,000. 0.47% of the stock is owned by institutional investors.

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.