Liberty Broadband (NASDAQ:LBRDK - Get Free Report) is anticipated to announce its earnings results before the market opens on Thursday, February 27th. Analysts expect the company to announce earnings of $3.67 per share and revenue of $252.50 million for the quarter. Investors interested in participating in the company's conference call can do so using this link.
Liberty Broadband Trading Up 0.6 %
Shares of LBRDK stock traded up $0.52 on Monday, hitting $81.58. 318,730 shares of the company's stock traded hands, compared to its average volume of 830,517. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.07 and a current ratio of 2.07. Liberty Broadband has a one year low of $46.46 and a one year high of $101.50. The company's fifty day simple moving average is $77.71 and its 200 day simple moving average is $76.05. The stock has a market capitalization of $11.65 billion, a price-to-earnings ratio of 15.02 and a beta of 1.04.
Insider Transactions at Liberty Broadband
In related news, CEO Gregory B. Maffei sold 125,000 shares of the business's stock in a transaction that occurred on Wednesday, December 18th. The shares were sold at an average price of $79.74, for a total transaction of $9,967,500.00. Following the completion of the sale, the chief executive officer now directly owns 1,435,256 shares in the company, valued at approximately $114,447,313.44. The trade was a 8.01 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders sold 196,542 shares of company stock worth $15,834,108 over the last three months. 10.80% of the stock is currently owned by company insiders.
Analyst Ratings Changes
Separately, StockNews.com initiated coverage on shares of Liberty Broadband in a research report on Monday. They issued a "sell" rating for the company.
Read Our Latest Analysis on LBRDK
About Liberty Broadband
(
Get Free Report)
Liberty Broadband Corporation engages in the communications businesses. The company's GCI Holdings segment provides data, wireless, video, voice, and managed services to residential customers, businesses, governmental entities, educational, and medical institutions in Alaska under the GCI brand.
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