Liberty Global (NASDAQ:LBTYB) Stock Price Down 6.3% – What’s Next?

Liberty Global Ltd (NASDAQ:LBTYB)’s share price traded down 6.3% on Friday . The company traded as low as $11.40 and last traded at $11.7240. 1,065 shares were traded during trading, a decline of 97% from the average daily volume of 34,219 shares. The stock had previously closed at $12.51.

Wall Street Analysts Forecast Growth

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

Liberty Global Price Performance

The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.11 and a current ratio of 1.11. The stock has a market cap of $3.74 billion, a price-to-earnings ratio of -0.69 and a beta of 0.41. The business’s fifty day simple moving average is $13.28 and its 200 day simple moving average is $13.16.

Liberty Global (NASDAQ:LBTYB) last announced its 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 the consensus estimate of $1.27 billion.

Institutional Investors Weigh In On Liberty Global

A hedge fund recently bought a new position in Liberty Global stock. FNY Investment Advisers LLC bought a new stake in Liberty Global Ltd (NASDAQ:LBTYB) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 5,252 shares of the company’s stock, valued at approximately $68,000. 0.47% of the stock is owned by institutional investors.

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.