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

Shares of Liberty Global Ltd (NASDAQ:LBTYB) gapped down before the market opened on Thursday . The stock had previously closed at $13.60, but opened at $12.22. Liberty Global shares last traded at $12.9830, with a volume of 1,668 shares traded.

Analyst Ratings Changes

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

Liberty Global Stock Performance

The firm has a market capitalization of $4.39 billion, a price-to-earnings ratio of -0.81 and a beta of 0.41. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.79. The stock’s 50-day moving average is $14.48 and its 200-day moving average is $13.02.

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

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.