Liberty Global (NASDAQ:LBTYB) Trading Down 6.3% – Time to Sell?

Liberty Global Ltd (NASDAQ:LBTYB)’s stock price fell 6.3% during trading on Friday . The company traded as low as $11.40 and last traded at $11.7240. Approximately 1,065 shares were traded during trading, a decline of 97% from the average daily volume of 34,219 shares. The stock had previously closed at $12.51.

Wall Street Analyst Weigh In

Separately, Weiss Ratings downgraded Liberty Global from a “sell (d)” rating to a “sell (d-)” rating in a report on Monday, May 4th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Liberty Global Stock Performance

The stock’s 50 day moving average price is $13.36 and its 200 day moving average price is $13.18. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.79. The firm has a market cap of $4.10 billion, a PE ratio of -0.76 and a beta of 0.41.

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

Institutional Investors Weigh In On Liberty Global

A hedge fund recently bought a new stake in Liberty Global stock. FNY Investment Advisers LLC purchased a new stake in shares of Liberty Global Ltd (NASDAQ:LBTYB) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 5,252 shares of the company’s stock, valued at approximately $68,000. 0.47% of the stock is owned by institutional investors and hedge funds.

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.