Liberty Global (NASDAQ:LBTYB) Sees Large Volume Increase – Time to Buy?

Liberty Global Ltd (NASDAQ:LBTYB) shares saw unusually-strong trading volume on Monday. 94,024 shares were traded during trading, an increase of 238% from the previous session’s volume of 27,835 shares. The stock last traded at $12.3650 and had previously closed at $12.41.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Liberty Global in a report on Friday, July 31st. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Liberty Global presently has an average rating of “Sell”.

Liberty Global Stock Down 2.9%

The business has a 50-day moving average of $12.49 and a 200-day moving average of $13.25. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.28 and a current ratio of 1.28. The stock has a market capitalization of $4.11 billion, a price-to-earnings ratio of -1.34 and a beta of 0.42.

Liberty Global (NASDAQ:LBTYB) last posted its earnings results on Friday, July 24th. The company reported ($1.07) EPS for the quarter, missing analysts’ consensus estimates of ($0.48) by ($0.59). The company had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.34 billion. Liberty Global had a negative net margin of 62.11% and a negative return on equity of 28.82%.

Hedge Funds Weigh In On Liberty Global

An institutional investor recently bought a new position in Liberty Global stock. FNY Investment Advisers LLC acquired a new position in shares of Liberty Global Ltd (NASDAQ:LBTYB) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 5,252 shares of the company’s stock, valued at approximately $68,000. Institutional investors and hedge funds own 0.47% of the company’s stock.

Liberty Global Company Profile

Liberty Global plc is an international telecommunications and media company that owns, operates and invests in broadband, mobile, fixed-line voice and video businesses. Its consumer services generally include high-speed internet, mobile connectivity, digital television and related communications products, delivered through established regional brands.

The company’s principal activities are concentrated in Europe. Liberty Global has interests in communications businesses serving customers in the United Kingdom, the Netherlands, Belgium and Switzerland, including Virgin Media O2 in the U.K., VodafoneZiggo in the Netherlands, Telenet in Belgium and Sunrise in Switzerland.