Liberty Global (NASDAQ:LBTYK) Reaches New 1-Year High at $21.85

Shares of Liberty Global Ltd. (NASDAQ:LBTYK) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $21.85 and last traded at $21.84, with a volume of 125450 shares. The stock had previously closed at $21.71.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Liberty Global from a “sell” rating to a “hold” rating in a report on Thursday, August 29th.

Liberty Global Trading Up 0.9 %

The business’s 50-day simple moving average is $19.85 and its 200 day simple moving average is $18.39. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.34 and a current ratio of 1.34.

Liberty Global (NASDAQ:LBTYK) last released its earnings results on Thursday, July 25th. The company reported $0.71 EPS for the quarter. The company had revenue of $1.87 billion for the quarter. Liberty Global had a negative net margin of 27.03% and a negative return on equity of 10.72%.

Institutional Investors Weigh In On Liberty Global

Several institutional investors have recently bought and sold shares of LBTYK. Deseret Mutual Benefit Administrators lifted its position in Liberty Global by 41.4% in the second quarter. Deseret Mutual Benefit Administrators now owns 2,574 shares of the company’s stock valued at $46,000 after purchasing an additional 754 shares during the last quarter. V Square Quantitative Management LLC raised its holdings in Liberty Global by 64.4% during the 4th quarter. V Square Quantitative Management LLC now owns 2,550 shares of the company’s stock valued at $48,000 after buying an additional 999 shares during the last quarter. Rothschild Investment LLC purchased a new stake in Liberty Global during the 2nd quarter valued at $71,000. Headlands Technologies LLC grew its holdings in Liberty Global by 173.3% in the 1st quarter. Headlands Technologies LLC now owns 5,982 shares of the company’s stock worth $106,000 after acquiring an additional 3,793 shares during the last quarter. Finally, Point72 Asset Management L.P. purchased a new position in shares of Liberty Global in the second quarter valued at about $109,000. 46.10% of the stock is currently owned by hedge funds and other institutional investors.

Liberty Global Company Profile

Liberty Global Ltd., together with its subsidiaries, provides broadband internet, video, fixed-line telephony, and mobile communications services to residential and business customers. It offers value-added broadband services, such as WiFi features, security, anti-virus, firewall, spam protection, smart home services, online storage solutions, and web spaces; and Connect Box that delivers in-home Wi-Fi service.