Liberty Global Ltd. (NASDAQ:LBTYA - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $18.29 and traded as high as $20.61. Liberty Global shares last traded at $20.46, with a volume of 1,018,387 shares trading hands.
Several research firms have commented on LBTYA. Deutsche Bank Aktiengesellschaft boosted their price target 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. Benchmark restated a "buy" rating and issued a $27.00 price target on shares of Liberty Global in a research note on Thursday, July 25th. Citigroup began coverage on Liberty Global in a report on Friday, August 9th. They set a "buy" rating and a $25.00 price target for the company. Finally, Bank of America raised Liberty Global from an "underperform" rating to a "neutral" rating and raised their target price for the stock from $15.50 to $21.30 in a research report on Monday, August 12th. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, Liberty Global has a consensus rating of "Moderate Buy" and an average price target of $24.26.
Read Our Latest Stock Report on LBTYA
The stock has a 50 day moving average of $19.92 and a two-hundred day moving average of $18.29. The stock has a market capitalization of $7.63 billion, a PE ratio of -3.16 and a beta of 1.17. 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 (NASDAQ:LBTYA - Get Free Report) last issued its earnings results on Thursday, July 25th. The company reported $0.71 earnings per share (EPS) for the quarter. Liberty Global had a negative net margin of 27.03% and a negative return on equity of 10.72%. The company had revenue of $1.87 billion during the quarter. Research analysts expect that Liberty Global Ltd. will post -0.61 EPS for the current fiscal year.
A number of institutional investors and hedge funds have recently bought and sold shares of LBTYA. EverSource Wealth Advisors LLC lifted its holdings in Liberty Global by 63.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,545 shares of the company's stock valued at $27,000 after purchasing an additional 601 shares in the last quarter. nVerses Capital LLC acquired a new stake in Liberty Global during the second quarter worth approximately $75,000. Central Pacific Bank Trust Division purchased a new stake in Liberty Global in the 1st quarter worth approximately $91,000. Whittier Trust Co. raised its holdings in Liberty Global by 21,707.3% in the 2nd quarter. Whittier Trust Co. now owns 8,941 shares of the company's stock valued at $156,000 after acquiring an additional 8,900 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Liberty Global by 4,512.4% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,948 shares of the company's stock worth $156,000 after purchasing an additional 8,754 shares during the period. Hedge funds and other institutional investors own 37.20% of the company's stock.
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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