Liberty Global (NASDAQ:LBTYB) Shares Gap Up – Should You Buy?

Liberty Global Ltd (NASDAQ:LBTYB) gapped up before the market opened on Monday . The stock had previously closed at $11.20, but opened at $12.08. Liberty Global shares last traded at $12.8760, with a volume of 2,781 shares trading hands.

Wall Street Analyst Weigh In

Separately, Weiss Ratings lowered shares of Liberty Global from a “sell (d)” rating to a “sell (d-)” rating in a research note on Monday, May 4th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.

Liberty Global Stock Up 1.6%

The firm has a market capitalization of $4.16 billion, a P/E ratio of -1.37 and a beta of 0.41. The company has a fifty day simple moving average of $12.97 and a 200 day simple moving average of $13.19. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.79.

Liberty Global (NASDAQ:LBTYB) last posted its quarterly earnings results 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). The company had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.34 billion. Liberty Global had a negative return on equity of 27.89% and a negative net margin of 62.11%.

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 shares of Liberty Global Ltd (NASDAQ:LBTYB) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 5,252 shares of the company’s stock, valued at approximately $68,000. Hedge funds and other institutional investors own 0.47% of the company’s stock.

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.