Liberty Global (NASDAQ:LBTYB) Shares Gap Down – Here’s What Happened

Liberty Global Ltd (NASDAQ:LBTYB) gapped down before the market opened on Tuesday . The stock had previously closed at $16.05, but opened at $14.50. Liberty Global shares last traded at $14.0250, with a volume of 161 shares traded.

Wall Street Analyst Weigh In

Separately, Weiss Ratings downgraded shares of Liberty Global from a “sell (d)” rating to a “sell (d-)” rating in a report on Monday, May 4th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has an average rating of “Sell”.

Liberty Global Trading Up 7.7%

The firm has a market cap of $5.33 billion, a PE ratio of -0.98 and a beta of 0.42. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.11 and a quick ratio of 1.11. The business has a 50-day moving average price of $13.96 and a two-hundred day moving average price of $12.54.

Liberty Global (NASDAQ:LBTYB) last released its quarterly earnings data on Friday, May 1st. The company reported $0.96 EPS for the quarter, topping the consensus estimate of ($0.35) by $1.31. The business had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.27 billion. Liberty Global had a negative net margin of 109.64% and a negative return on equity of 47.65%.

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.