Liberty Global (NASDAQ:LBTYB) Shares Gap Down – Here’s What Happened

Liberty Global Ltd (NASDAQ:LBTYB)’s stock price gapped down before the market opened on Friday . The stock had previously closed at $13.99, but opened at $12.27. Liberty Global shares last traded at $13.3460, with a volume of 581 shares.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings downgraded 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 data from MarketBeat.com, Liberty Global has a consensus rating of “Sell”.

Liberty Global Trading Down 4.6%

The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.11 and a current ratio of 1.11. The business has a 50-day simple moving average of $14.49 and a two-hundred day simple moving average of $12.90. The stock has a market cap of $4.51 billion, a price-to-earnings ratio of -0.83 and a beta of 0.41.

Liberty Global (NASDAQ:LBTYB) last released its quarterly earnings data on Friday, May 1st. The company reported $0.96 EPS for the quarter, beating the consensus estimate of ($0.35) by $1.31. The company had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.27 billion. Liberty Global had a negative return on equity of 47.65% and a negative net margin of 109.64%.

Liberty Global Company Profile

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.