Liberty Global (NASDAQ:LBTYB) Shares Gap Up – Time to Buy?

Shares of Liberty Global Ltd (NASDAQ:LBTYB) gapped up prior to trading on Friday. The stock had previously closed at $12.14, but opened at $12.65. Liberty Global shares last traded at $12.30, with a volume of 654 shares trading hands.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Liberty Global in a report on Thursday, October 29th. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the company has an average rating of “Sell”.

Liberty Global Price Performance

The firm has a market capitalization of $3.94 billion, a price-to-earnings ratio of -1.60 and a beta of 0.50. The business’s fifty day simple moving average is $12.04 and its 200 day simple moving average is $13.00. The company has a debt-to-equity ratio of 1.81, a current ratio of 0.84 and a quick ratio of 0.84.

Liberty Global (NASDAQ:LBTYB) last posted its quarterly earnings results on Tuesday, November 3rd. The company reported $1.32 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.32) by $1.64. Liberty Global had a negative return on equity of 25.14% and a negative net margin of 44.40%. The business had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.71 billion.

Hedge Funds Weigh In On Liberty Global

A hedge fund recently bought a new position in Liberty Global stock. FNY Investment Advisers LLC bought a new position in shares of Liberty Global Ltd (NASDAQ:LBTYB) during the second quarter, according to its most recent filing with the SEC. The fund bought 5,252 shares of the company’s stock, valued at approximately $68,000. 0.47% of the stock is currently owned by institutional investors.

About Liberty Global

Liberty Global is an international telecommunications company that provides broadband internet, video, mobile and fixed-line voice services through operating businesses and joint ventures. Its consumer brands and services serve residential and business customers in several European markets. The company’s portfolio includes interests in Virgin Media O2 in the United Kingdom and VodafoneZiggo in the Netherlands, as well as operating businesses such as Telenet in Belgium. Its structure combines wholly owned businesses with partnerships alongside other telecommunications companies.