Liberty Global (NASDAQ:LBTYB) Shares Gap Down – Should You Sell?

Liberty Global Ltd (NASDAQ:LBTYB) gapped down before the market opened on Tuesday . The stock had previously closed at $15.40, but opened at $14.43. Liberty Global shares last traded at $14.98, with a volume of 599 shares changing hands.

Analyst Upgrades and Downgrades

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

Liberty Global Price Performance

The business’s 50-day simple moving average is $14.16 and its two-hundred day simple moving average is $12.65. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.79. The stock has a market cap of $5.07 billion, a P/E ratio of -0.94 and a beta of 0.42.

Liberty Global (NASDAQ:LBTYB) last posted its quarterly earnings results on Friday, May 1st. The company reported $0.96 EPS for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.27 billion.

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.