Liberty Global (NASDAQ:LBTYB) Shares Gap Up – Still a Buy?

Liberty Global Ltd (NASDAQ:LBTYB)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $12.97, but opened at $13.60. Liberty Global shares last traded at $13.2150, with a volume of 3,402 shares.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed 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, the company has a consensus rating of “Sell”.

Liberty Global Stock Up 1.9%

The stock’s 50-day moving average price is $12.41 and its 200-day moving average price is $13.36. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.82. The stock has a market cap of $4.51 billion, a price-to-earnings ratio of -1.47 and a beta of 0.43.

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

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Liberty Global stock. FNY Investment Advisers LLC acquired a new stake in Liberty Global Ltd (NASDAQ:LBTYB) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 5,252 shares of the company’s stock, valued at approximately $68,000. Hedge funds and other institutional investors own 0.47% of the company’s stock.

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.