Liberty Global Ltd (NASDAQ:LBTYB – Get Free Report) fell 13.3% during mid-day trading on Monday . The company traded as low as $13.59 and last traded at $13.9090. 49,958 shares were traded during mid-day trading, an increase of 5% from the average session volume of 47,429 shares. The stock had previously closed at $16.05.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings cut shares of Liberty Global from a “sell (d)” rating to a “sell (d-)” rating in a research report on Monday, May 4th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of “Sell”.
Get Our Latest Stock Report on LBTYB
Liberty Global Stock Down 11.3%
Liberty Global (NASDAQ:LBTYB – Get Free Report) last posted its quarterly earnings results on Friday, May 1st. The company reported $0.96 EPS for the quarter, topping analysts’ consensus estimates of ($0.35) by $1.31. Liberty Global had a negative net margin of 109.64% and a negative return on equity of 47.65%. The business had revenue of $1.27 billion during the quarter, compared to analysts’ expectations of $1.27 billion.
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.
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