Liberty Global (NASDAQ:LBTYB) Trading Down 5.2% – Here’s Why

Liberty Global Ltd (NASDAQ:LBTYB) traded down 5.2% during mid-day trading on Thursday . The stock traded as low as $15.30 and last traded at $14.64. 765 shares changed hands during trading, a decline of 98% from the average session volume of 45,706 shares. The stock had previously closed at $15.45.

Wall Street Analyst Weigh In

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 investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of “Sell”.

Liberty Global Stock Down 7.0%

The firm has a market capitalization of $4.86 billion, a PE ratio of -0.90 and a beta of 0.42. The firm’s 50 day moving average price is $14.23 and its two-hundred day moving average price is $12.70. 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 released its quarterly earnings results on Friday, May 1st. The company reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.35) by $1.31. Liberty Global had a negative net margin of 109.64% and a negative return on equity of 47.65%. The firm had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.27 billion.

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.