Liberty Global (NASDAQ:LBTYA) Shares Pass Above 200-Day Moving Average – Should You Sell?

Liberty Global Ltd (NASDAQ:LBTYA) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $11.35 and traded as high as $12.40. Liberty Global shares last traded at $12.17, with a volume of 1,457,185 shares trading hands.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. UBS Group lifted their price objective on Liberty Global from $11.80 to $12.60 and gave the stock a “neutral” rating in a report on Wednesday, December 3rd. Weiss Ratings reiterated a “sell (d-)” rating on shares of Liberty Global in a research note on Thursday, January 22nd. Zacks Research lowered shares of Liberty Global from a “hold” rating to a “strong sell” rating in a research note on Friday, March 20th. Finally, Citigroup upped their price target on shares of Liberty Global from $11.00 to $13.00 and gave the company a “neutral” rating in a report on Tuesday, December 2nd. One analyst has rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus price target of $14.40.

Liberty Global Price Performance

The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.79. The company has a 50 day simple moving average of $11.72 and a 200-day simple moving average of $11.35. The stock has a market cap of $4.04 billion, a price-to-earnings ratio of -0.58 and a beta of 1.02.

Liberty Global (NASDAQ:LBTYA) last issued its earnings results on Wednesday, February 18th. The company reported ($8.60) EPS for the quarter, missing the consensus estimate of ($0.46) by ($8.14). The firm had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.21 billion. Liberty Global had a negative return on equity of 58.32% and a negative net margin of 146.30%. As a group, research analysts anticipate that Liberty Global Ltd will post -1.35 EPS for the current fiscal year.

Institutional Trading of Liberty Global

Institutional investors and hedge funds have recently modified their holdings of the business. Clearline Capital LP bought a new stake in shares of Liberty Global during the 3rd quarter valued at about $2,059,000. Gamco Investors INC. ET AL lifted its holdings in Liberty Global by 12.3% in the third quarter. Gamco Investors INC. ET AL now owns 1,902,389 shares of the company’s stock worth $21,801,000 after acquiring an additional 208,307 shares during the last quarter. American Century Companies Inc. boosted its stake in Liberty Global by 38.3% in the third quarter. American Century Companies Inc. now owns 2,936,165 shares of the company’s stock valued at $33,648,000 after acquiring an additional 813,798 shares during the period. ACR Alpine Capital Research LLC boosted its stake in Liberty Global by 3.5% in the third quarter. ACR Alpine Capital Research LLC now owns 21,237,740 shares of the company’s stock valued at $243,384,000 after acquiring an additional 719,589 shares during the period. Finally, Oaktree Capital Management LP grew its holdings in shares of Liberty Global by 14.0% during the second quarter. Oaktree Capital Management LP now owns 8,212,191 shares of the company’s stock valued at $82,204,000 after purchasing an additional 1,008,001 shares during the last quarter. 37.20% of the stock is owned by institutional investors and hedge funds.

About Liberty Global

Liberty Global plc operates as a leading international telecommunications and television company, offering a wide array of broadband internet, digital cable television, fixed-line telephony and mobile services. Through its extensive fiber and hybrid-fiber coaxial networks, the company delivers high-speed internet connectivity, video on demand and interactive television platforms to residential and business customers. Its service portfolio includes digital voice, managed Wi-Fi solutions, home security and converged connectivity bundles designed to meet evolving consumer and enterprise demands.

The company’s footprint spans key European markets, including the United Kingdom and Ireland under the Virgin Media brand, the Netherlands through Ziggo, Belgium via Telenet, and operations in Switzerland, Germany, Austria, Poland and Luxembourg.