Liberty Global (NASDAQ:LBTYB) Shares Gap Down – Should You Sell?

Liberty Global Ltd (NASDAQ:LBTYB) shares gapped down before the market opened on Thursday . The stock had previously closed at $13.58, but opened at $13.00. Liberty Global shares last traded at $13.3550, with a volume of 627 shares traded.

Analysts Set New Price Targets

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

Liberty Global Trading Down 1.4%

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 firm has a 50-day moving average of $14.49 and a 200 day moving average of $12.95. The company has a market cap of $4.51 billion, a P/E ratio of -0.83 and a beta of 0.41.

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

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.