Liberty Global Ltd. (NASDAQ:LBTYA – Get Free Report) was the recipient of a large decrease in short interest in the month of September. As of September 15th, there was short interest totalling 3,860,000 shares, a decrease of 20.9% from the August 31st total of 4,880,000 shares. Approximately 2.3% of the shares of the company are short sold. Based on an average trading volume of 1,750,000 shares, the short-interest ratio is presently 2.2 days.
Liberty Global Price Performance
NASDAQ:LBTYA traded down $0.02 during trading hours on Friday, hitting $21.26. The stock had a trading volume of 1,036,643 shares, compared to its average volume of 1,748,397. The company has a 50 day simple moving average of $19.47 and a two-hundred day simple moving average of $17.94. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.34 and a quick ratio of 1.34. Liberty Global has a one year low of $15.01 and a one year high of $21.56. The firm has a market capitalization of $7.92 billion, a price-to-earnings ratio of -3.29 and a beta of 1.16.
Liberty Global (NASDAQ:LBTYA – Get Free Report) last announced its quarterly earnings results on Thursday, July 25th. The company reported $0.71 EPS for the quarter. The firm had revenue of $1.87 billion during the quarter. Liberty Global had a negative net margin of 27.03% and a negative return on equity of 10.72%. Research analysts forecast that Liberty Global will post -0.61 earnings per share for the current fiscal year.
Institutional Trading of Liberty Global
Analyst Upgrades and Downgrades
A number of research analysts have recently weighed in on LBTYA shares. Benchmark reissued a “buy” rating and set a $27.00 target price on shares of Liberty Global in a research report on Thursday, July 25th. Citigroup started coverage on shares of Liberty Global in a research report on Friday, August 9th. They set a “buy” rating and a $25.00 target price for the company. Bank of America raised shares of Liberty Global from an “underperform” rating to a “neutral” rating and increased their target price for the company from $15.50 to $21.30 in a research report on Monday, August 12th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on shares of Liberty Global from $33.00 to $34.00 and gave the stock a “buy” rating in a report on Friday, July 12th. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, Liberty Global presently has a consensus rating of “Moderate Buy” and an average price target of $24.26.
Get Our Latest Analysis on Liberty Global
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.
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