Liberty Global (NASDAQ:LBTYB) Stock Falls 9% – Should You Sell?

Liberty Global Ltd (NASDAQ:LBTYB – Get Free Report)’s share price traded down 9% during trading on Wednesday. The company traded as low as $11.18 and last traded at $10.9250. 3,777 shares were traded during mid-day trading, a decline of 86% from the average session volume of 27,707 shares. The stock had previously closed at $12.00.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Liberty Global in a research note on Thursday. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

View Our Latest Stock Report on Liberty Global

Liberty Global Stock Down 0.7%

The stock’s 50-day simple moving average is $12.37 and its 200-day simple moving average is $12.95. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.82. The firm has a market capitalization of $3.72 billion, a P/E ratio of -1.22 and a beta of 0.46.

Institutional Inflows and Outflows

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

Liberty Global Company Profile

(Get Free Report)

Liberty Global Ltd. is an international telecommunications and media company that invests in and operates broadband, mobile, fixed-line telephone, and video businesses. Its services generally include high-speed internet, wireless communications, digital television, streaming and entertainment offerings, and business connectivity solutions.

The company has operations and strategic investments across Europe, including interests in Virgin Media O2 in the United Kingdom, Telenet in Belgium, VodafoneZiggo in the Netherlands, and Sunrise in Switzerland.

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