Liberty Global (NASDAQ:LBTYB) Trading Up 9.1% – Still a Buy?

Liberty Global Ltd (NASDAQ:LBTYB)’s share price traded up 9.1% on Thursday . The company traded as high as $14.17 and last traded at $13.3050. Approximately 16,428 shares changed hands during mid-day trading, a decline of 52% from the average session volume of 34,379 shares. The stock had previously closed at $12.20.

Wall Street Analysts Forecast Growth

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

Liberty Global Stock Performance

The firm has a fifty day simple moving average of $13.28 and a 200 day simple moving average of $13.16. 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 stock has a market cap of $3.74 billion, a price-to-earnings ratio of -0.69 and a beta of 0.41.

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

Institutional Investors Weigh In On Liberty Global

An institutional investor recently bought a new stake in Liberty Global stock. FNY Investment Advisers LLC purchased a new stake in Liberty Global Ltd (NASDAQ:LBTYB) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund 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 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.