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

Liberty Global Ltd (NASDAQ:LBTYB) shares gapped down prior to trading 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.

Wall Street Analyst Weigh In

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 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 Down 4.5%

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 market capitalization of $4.39 billion, a price-to-earnings ratio of -0.81 and a beta of 0.41. The firm’s 50-day moving average is $14.48 and its 200 day moving average is $13.02.

Liberty Global (NASDAQ:LBTYB) last announced its quarterly earnings results on Friday, May 1st. The company reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.35) by $1.31. The firm had revenue of $1.27 billion during the quarter, compared to analysts’ expectations 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.