Liberty Global (NASDAQ:LBTYB) Trading Down 8.3% – Here’s Why

Liberty Global Ltd (NASDAQ:LBTYB)’s stock price fell 8.3% during mid-day trading on Tuesday . The company traded as low as $16.33 and last traded at $15.9060. 506 shares were traded during mid-day trading, a decline of 99% from the average session volume of 52,646 shares. The stock had previously closed at $17.35.

Liberty Global Price Performance

The company has a market capitalization of $5.09 billion, a price-to-earnings ratio of -0.73 and a beta of 0.30. The stock has a fifty day simple moving average of $13.74 and a 200-day simple moving average of $12.38. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.08 and a quick ratio of 1.08.

Liberty Global (NASDAQ:LBTYB) last announced its quarterly earnings results on Wednesday, February 18th. The company reported ($8.60) earnings per share (EPS) for the quarter. Liberty Global had a negative net margin of 146.30% and a negative return on equity of 58.32%. The company had revenue of $1.23 billion during the quarter.

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.