Liberty Global (NASDAQ:LBTYB) Stock Jumps 5.6% – What’s Next?

Liberty Global Ltd (NASDAQ:LBTYB) shot up 5.6% during mid-day trading on Tuesday. The stock traded as high as $12.70 and last traded at $12.7220. 133,052 shares were traded during trading, an increase of 364% from the average session volume of 28,684 shares. The stock had previously closed at $12.05.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Liberty Global in a report on Friday, July 31st. One research 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 Trading Up 1.8%

The company’s 50 day simple moving average is $12.52 and its two-hundred day simple moving average is $13.25. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.82. The company has a market capitalization of $4.24 billion, a price-to-earnings ratio of -1.38 and a beta of 0.42.

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

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 position in Liberty Global Ltd (NASDAQ:LBTYB) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 5,252 shares of the company’s stock, valued at approximately $68,000. 0.47% of the stock is owned by institutional investors.

Liberty Global Company Profile

Liberty Global plc is an international telecommunications and media company that builds, operates and invests in broadband, mobile, television and fixed-line communications businesses. Its offerings generally include high-speed internet, video and entertainment services, mobile connectivity, fixed-line voice and communications solutions for businesses and public-sector customers.

The company serves customers primarily across Europe through wholly owned operations, joint ventures and strategic investments.