Liberty Global Ltd. (NASDAQ:LBTYK - Get Free Report) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $9.00 and last traded at $9.00, with a volume of 450 shares changing hands. The stock had previously closed at $21.30.
Analysts Set New Price Targets
Separately, StockNews.com began coverage on Liberty Global in a research note on Tuesday, October 29th. They issued a "hold" rating on the stock.
Check Out Our Latest Stock Report on Liberty Global
Liberty Global Stock Down 57.7 %
The company has a debt-to-equity ratio of 0.80, a current ratio of 1.19 and a quick ratio of 1.34. The company has a market capitalization of $3.29 billion, a PE ratio of -2.07 and a beta of 1.14. The business's 50 day simple moving average is $21.02 and its 200 day simple moving average is $19.19.
Hedge Funds Weigh In On Liberty Global
Several large investors have recently made changes to their positions in the stock. US Bancorp DE boosted its holdings in Liberty Global by 124.9% during the 3rd quarter. US Bancorp DE now owns 2,161 shares of the company's stock valued at $47,000 after acquiring an additional 1,200 shares during the period. Deseret Mutual Benefit Administrators grew its holdings in shares of Liberty Global by 41.4% in the second quarter. Deseret Mutual Benefit Administrators now owns 2,574 shares of the company's stock valued at $46,000 after purchasing an additional 754 shares in the last quarter. Rothschild Investment LLC purchased a new stake in Liberty Global during the 2nd quarter worth approximately $71,000. Headlands Technologies LLC lifted its holdings in Liberty Global by 173.3% during the 1st quarter. Headlands Technologies LLC now owns 5,982 shares of the company's stock worth $106,000 after buying an additional 3,793 shares in the last quarter. Finally, Point72 Asset Management L.P. purchased a new position in Liberty Global in the 2nd quarter valued at approximately $109,000. 46.10% of the stock is currently owned by institutional investors and hedge funds.
About Liberty Global
(
Get Free Report)
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Liberty Global, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Liberty Global wasn't on the list.
While Liberty Global currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.