Liberty Global (NASDAQ:LBTYK) Hits New 1-Year High – Should You Buy?

Liberty Global Ltd (NASDAQ:LBTYK)’s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $13.12 and last traded at $12.67, with a volume of 4793881 shares trading hands. The stock had previously closed at $11.05.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Wall Street Zen raised Liberty Global from a “sell” rating to a “hold” rating in a report on Friday, November 28th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Liberty Global in a research note on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Liberty Global Stock Up 14.7%

The business’s 50 day simple moving average is $10.96 and its 200 day simple moving average is $11.24. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.60. The firm has a market capitalization of $4.27 billion, a PE ratio of -2.08 and a beta of 1.00.

Liberty Global (NASDAQ:LBTYK) last announced its earnings results on Wednesday, February 18th. The company reported ($8.60) EPS for the quarter, missing analysts’ consensus estimates of ($0.31) by ($8.29). Liberty Global had a negative return on equity of 14.71% and a negative net margin of 41.44%.The company had revenue of $1.23 billion during the quarter, compared to analysts’ expectations of $1.23 billion.

Insider Buying and Selling

In other news, CFO Charles H. R. Bracken sold 33,220 shares of the company’s stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $11.18, for a total value of $371,399.60. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 9.86% of the stock is owned by company insiders.

Institutional Trading of Liberty Global

Several institutional investors and hedge funds have recently made changes to their positions in LBTYK. Allworth Financial LP raised its holdings in shares of Liberty Global by 340.4% in the 2nd quarter. Allworth Financial LP now owns 3,404 shares of the company’s stock valued at $35,000 after purchasing an additional 2,631 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings in Liberty Global by 76,160.0% during the first quarter. Jones Financial Companies Lllp now owns 3,813 shares of the company’s stock worth $46,000 after buying an additional 3,808 shares during the period. AlphaCore Capital LLC boosted its position in Liberty Global by 180.7% during the 4th quarter. AlphaCore Capital LLC now owns 4,604 shares of the company’s stock valued at $51,000 after acquiring an additional 2,964 shares in the last quarter. CWM LLC increased its holdings in shares of Liberty Global by 195.3% in the 3rd quarter. CWM LLC now owns 4,569 shares of the company’s stock valued at $54,000 after acquiring an additional 3,022 shares during the period. Finally, Evergreen Capital Management LLC bought a new position in shares of Liberty Global in the 4th quarter worth $119,000. 46.10% of the stock is currently owned by institutional investors.

About Liberty Global

Liberty Global (NASDAQ:LBTYK) is a leading international telecommunications and television company, headquartered in London. Established in 2005 through the merger of UGC Europe and Liberty Media International, the company has grown into one of the largest broadband and video service providers outside North America. Liberty Global focuses on delivering high-speed internet, digital video, mobile telephony and fixed-line communications to residential and business customers.

The company’s core services include ultra‐fast broadband, pay television, voice services and mobile offerings.