Liberty Global (NASDAQ:LBTYB) Shares Gap Up – Still a Buy?

Liberty Global Ltd (NASDAQ:LBTYB)’s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $12.97, but opened at $13.60. Liberty Global shares last traded at $13.2150, with a volume of 3,402 shares.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Liberty Global in a research report on Friday, July 31st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average rating of “Sell”.

Liberty Global Stock Performance

The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.28 and a current ratio of 1.28. The company has a market cap of $4.51 billion, a P/E ratio of -1.47 and a beta of 0.43. The stock’s fifty day moving average price is $12.41 and its two-hundred day moving average price is $13.36.

Liberty Global (NASDAQ:LBTYB) last posted its quarterly earnings results on Friday, July 24th. The company reported ($1.07) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.48) by ($0.59). Liberty Global had a negative net margin of 62.11% and a negative return on equity of 28.82%. The company had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.34 billion.

Institutional Investors Weigh In On Liberty Global

An institutional investor recently bought a new position in Liberty Global stock. FNY Investment Advisers LLC purchased a new stake in Liberty Global Ltd (NASDAQ:LBTYB) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor 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.