Liberty Global (NASDAQ:LBTYK) Sets New 12-Month Low – Time to Sell?

Shares of Liberty Global Ltd (NASDAQ:LBTYK) reached a new 52-week low on Tuesday . The company traded as low as $9.94 and last traded at $9.9850, with a volume of 391050 shares trading hands. The stock had previously closed at $9.99.

Wall Street Analyst Weigh In

LBTYK has been the subject of a number of analyst reports. Wall Street Zen upgraded Liberty Global from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Weiss Ratings cut Liberty Global from a “sell (d)” rating to a “sell (d-)” rating in a research report on Monday, May 4th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Liberty Global currently has a consensus rating of “Sell”.

Liberty Global Stock Down 0.1%

The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.79. The company has a market capitalization of $3.38 billion, a PE ratio of -0.62 and a beta of 0.89. The company’s 50 day moving average is $11.13 and its two-hundred day moving average is $11.39.

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

Insiders Place Their Bets

In other Liberty Global news, Director J David Wargo sold 55,000 shares of Liberty Global stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $11.54, for a total value of $634,700.00. Following the completion of the transaction, the director directly owned 53,876 shares of the company’s stock, valued at $621,729.04. This trade represents a 50.52% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 9.86% of the company’s stock.

Institutional Investors Weigh In On Liberty Global

Several large investors have recently added to or reduced their stakes in the stock. Financiere des Professionnels Fonds d investissement inc. purchased a new position in shares of Liberty Global in the 1st quarter worth approximately $42,000. Jones Financial Companies Lllp lifted its position in Liberty Global by 76,160.0% in the first quarter. Jones Financial Companies Lllp now owns 3,813 shares of the company’s stock worth $46,000 after buying an additional 3,808 shares during the last quarter. AlphaCore Capital LLC lifted its position in Liberty Global by 180.7% in the fourth quarter. AlphaCore Capital LLC now owns 4,604 shares of the company’s stock worth $51,000 after buying an additional 2,964 shares during the last quarter. Versant Capital Management Inc boosted its stake in Liberty Global by 90.2% during the second quarter. Versant Capital Management Inc now owns 4,834 shares of the company’s stock worth $53,000 after buying an additional 2,292 shares during the period. Finally, CWM LLC increased its position in Liberty Global by 28.1% during the fourth quarter. CWM LLC now owns 5,855 shares of the company’s stock valued at $65,000 after acquiring an additional 1,286 shares during the last quarter. 46.10% of the stock is owned by institutional investors.

About Liberty Global

Liberty Global (NASDAQ:LBTYK) is a leading international telecommunications and television company, headquartered in London. Established in 2005 through the merger of UGC Europe and Liberty Media International, the company has grown into one of the largest broadband and video service providers outside North America. Liberty Global focuses on delivering high-speed internet, digital video, mobile telephony and fixed-line communications to residential and business customers.

The company’s core services include ultra‐fast broadband, pay television, voice services and mobile offerings.