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

Shares of Liberty Global Ltd (NASDAQ:LBTYB) gapped down prior to trading on Thursday . The stock had previously closed at $13.15, but opened at $12.50. Liberty Global shares last traded at $12.7750, with a volume of 240 shares traded.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated 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 MarketBeat.com, the company has a consensus rating of “Sell”.

Liberty Global Stock Performance

The stock has a market capitalization of $4.36 billion, a P/E ratio of -1.42 and a beta of 0.42. The stock has a 50 day simple moving average of $12.39 and a two-hundred day simple moving average of $13.30. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.82.

Liberty Global (NASDAQ:LBTYB) last released its quarterly earnings data on Friday, July 24th. The company reported ($1.07) 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 company 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 position in Liberty Global stock. FNY Investment Advisers LLC bought a new stake in Liberty Global Ltd (NASDAQ:LBTYB) in 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. Institutional investors own 0.47% of the company’s stock.

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.