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

Liberty Global Ltd (NASDAQ:LBTYB)’s share price gapped down prior to trading on Tuesday . The stock had previously closed at $12.80, but opened at $12.13. Liberty Global shares last traded at $12.49, with a volume of 340 shares traded.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings lowered Liberty Global from a “sell (d)” rating to a “sell (d-)” rating in a research note on Monday, May 4th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Liberty Global Stock Up 2.7%

The company has a market cap of $4.24 billion, a P/E ratio of -0.78 and a beta of 0.41. The company has a 50 day moving average of $13.41 and a 200-day moving average of $13.17. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.11 and a quick ratio of 1.11.

Liberty Global (NASDAQ:LBTYB) last announced its earnings results on Friday, May 1st. The company reported $0.96 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.35) by $1.31. The business had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.27 billion. Liberty Global had a negative return on equity of 47.65% and a negative net margin of 109.64%.

Institutional Investors Weigh In On Liberty Global

A hedge fund recently bought a new position in Liberty Global stock. FNY Investment Advisers LLC purchased a new position in Liberty Global Ltd (NASDAQ:LBTYB) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 5,252 shares of the company’s stock, valued at approximately $68,000. Hedge funds and other 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.