Liberty Global (NASDAQ:LBTYB) Shares Gap Down – Here’s Why

Liberty Global Ltd (NASDAQ:LBTYB)’s stock price gapped down before the market opened on Thursday . The stock had previously closed at $13.10, but opened at $12.45. Liberty Global shares last traded at $13.1950, with a volume of 3,469 shares.

Analyst Ratings Changes

Separately, Weiss Ratings downgraded shares of Liberty Global from a “sell (d)” rating to a “sell (d-)” rating in a report on Monday, May 4th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has a consensus rating of “Sell”.

Liberty Global Price Performance

The company has a 50 day moving average of $14.33 and a 200 day moving average of $13.08. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.11 and a current ratio of 1.11. The stock has a market capitalization of $4.28 billion, a price-to-earnings ratio of -0.79 and a beta of 0.41.

Liberty Global (NASDAQ:LBTYB) last announced its quarterly earnings data on Friday, May 1st. The company reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate 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 business had revenue of $1.27 billion during the quarter, compared to analysts’ expectations 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.