Liberty Global (NASDAQ:LBTYB) Shares Up 5.6% – Should You Buy?

Liberty Global Ltd (NASDAQ:LBTYB) shares rose 5.6% during trading on Tuesday. The company traded as high as $12.70 and last traded at $12.7220. 133,052 shares changed hands during trading, an increase of 364% from the average daily volume of 28,684 shares. The stock had previously closed at $12.05.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Liberty Global in a research note on Friday, July 31st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.

Liberty Global Stock Performance

The company has a 50 day moving average price of $12.49 and a 200 day moving average price of $13.25. The company has a market capitalization of $4.39 billion, a PE ratio of -1.42 and a beta of 0.42. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.28 and a current ratio of 1.28.

Liberty Global (NASDAQ:LBTYB) last issued its earnings results on Friday, July 24th. The company reported ($1.07) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.48) by ($0.59). Liberty Global had a negative net margin of 62.11% and a negative return on equity of 28.82%. The company had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.34 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 second quarter, according to its most recent Form 13F filing with the SEC. 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.

About Liberty Global

Liberty Global plc is an international telecommunications and media company that owns, operates and invests in broadband, mobile, fixed-line voice and video businesses. Its consumer services generally include high-speed internet, mobile connectivity, digital television and related communications products, delivered through established regional brands.

The company’s principal activities are concentrated in Europe. Liberty Global has interests in communications businesses serving customers in the United Kingdom, the Netherlands, Belgium and Switzerland, including Virgin Media O2 in the U.K., VodafoneZiggo in the Netherlands, Telenet in Belgium and Sunrise in Switzerland.