Liberty Global (NASDAQ:LBTYK) Releases Quarterly Earnings Results

Liberty Global (NASDAQ:LBTYK) issued its quarterly earnings results on Wednesday. The company reported $1.32 earnings per share (EPS) for the quarter, Zacks reports. Liberty Global had a negative net margin of 54.08% and a negative return on equity of 19.26%. The company had revenue of $1.95 billion for the quarter.

Liberty Global Price Performance

Shares of NASDAQ:LBTYK traded up $0.36 during trading on Thursday, reaching $17.14. The stock had a trading volume of 4,149,319 shares, compared to its average volume of 1,777,530. The stock has a market capitalization of $6.47 billion, a PE ratio of -1.79 and a beta of 1.12. The business’s 50-day moving average price is $17.68 and its 200 day moving average price is $18.14. Liberty Global has a 52 week low of $16.26 and a 52 week high of $21.83. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.30 and a quick ratio of 1.30.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. StockNews.com lowered shares of Liberty Global from a “hold” rating to a “sell” rating in a research report on Tuesday, March 5th. TheStreet upgraded shares of Liberty Global from a “d+” rating to a “c-” rating in a research note on Wednesday, January 24th.

Insider Transactions at Liberty Global

In other Liberty Global news, CAO Jason Waldron sold 11,226 shares of the firm’s stock in a transaction that occurred on Tuesday, February 27th. The shares were sold at an average price of $19.29, for a total transaction of $216,549.54. Following the completion of the sale, the chief accounting officer now directly owns 70,666 shares in the company, valued at $1,363,147.14. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other Liberty Global news, EVP Bryan H. Hall sold 15,000 shares of the company’s stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $18.68, for a total value of $280,200.00. Following the completion of the transaction, the executive vice president now owns 129,934 shares of the company’s stock, valued at approximately $2,427,167.12. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CAO Jason Waldron sold 11,226 shares of Liberty Global stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $19.29, for a total value of $216,549.54. Following the sale, the chief accounting officer now directly owns 70,666 shares in the company, valued at $1,363,147.14. The disclosure for this sale can be found here. Insiders sold 113,629 shares of company stock valued at $2,046,783 in the last ninety days. 9.86% of the stock is currently owned by corporate insiders.

Liberty Global Company Profile

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.