Liberty Global (NASDAQ:LBTYB) Shares Up 9.1% – Should You Buy?

Liberty Global Ltd (NASDAQ:LBTYB) was up 9.1% on Thursday . The stock traded as high as $14.17 and last traded at $13.3050. 16,428 shares were traded during mid-day trading, a decline of 52% from the average daily volume of 34,379 shares. The stock had previously closed at $12.20.

Analyst Upgrades and Downgrades

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

Liberty Global Stock Up 6.8%

The company has a 50 day moving average of $13.41 and a 200-day moving average of $13.17. 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 company has a market cap of $4.41 billion, a P/E ratio of -0.81 and a beta of 0.41.

Liberty Global (NASDAQ:LBTYB) last announced its earnings results on Friday, May 1st. The company reported $0.96 earnings per share for the quarter, topping analysts’ consensus estimates 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 analyst estimates 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 bought a new stake in shares of Liberty Global Ltd (NASDAQ:LBTYB) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 5,252 shares of the company’s stock, valued at approximately $68,000. 0.47% of the stock is owned by institutional investors.

Liberty Global Company Profile

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.