Liberty Global (NASDAQ:LBTYB) Shares Gap Down – What’s Next?

Liberty Global Ltd (NASDAQ:LBTYB) gapped down prior to trading on Tuesday . The stock had previously closed at $13.66, but opened at $12.60. Liberty Global shares last traded at $13.0050, with a volume of 93,490 shares trading hands.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Liberty Global in a report on Friday, July 31st. One analyst has rated the stock with a Sell rating, According to MarketBeat, Liberty Global has a consensus rating of “Sell”.

Liberty Global Trading Down 4.0%

The company’s 50 day simple moving average is $12.41 and its 200 day simple moving average is $13.42. The firm has a market cap of $4.47 billion, a price-to-earnings ratio of -1.46 and a beta of 0.43. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.28 and a quick ratio of 1.28.

Liberty Global (NASDAQ:LBTYB) last posted its quarterly earnings data 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). The company had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.34 billion. Liberty Global had a negative return on equity of 28.82% and a negative net margin of 62.11%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Liberty Global stock. FNY Investment Advisers LLC acquired a new stake in Liberty Global Ltd (NASDAQ:LBTYB) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 5,252 shares of the company’s stock, valued at approximately $68,000. Institutional investors and hedge funds 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.