Liberty Global Ltd (NASDAQ:LBTYK) shares traded -1.96% lower at $16.48 on Wall Street last session.
LBTYK stock price is now -5.08% away from the 50-day moving average and -9.75% away from the 200-day moving average. The market capitalization of the company currently stands at $6.43B.
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With the price target reduced from $30 to $25, Pivotal Research Group maintained Buy rating for Liberty Global Ltd (NASDAQ: LBTYK).
In other news, WARGO J DAVID, Director sold 30,000 shares of the company’s stock on Apr 15 ’24. The stock was sold for $520,365 at an average price of $17.35. Upon completion of the transaction, the Director now directly owns 159,632 shares in the company, valued at $2.63 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 28 ’24, EVP, Chief Development Officer Salvato Andrea sold 32,403 shares of the business’s stock. A total of $573,452 was realized by selling the stock at an average price of $17.70. This leaves the insider owning 102,286 shares of the company worth $1.69 million. A total of 52.88% of the company’s stock is owned by insiders.
During the past 12 months, Liberty Global Ltd has had a low of $16.26 and a high of $21.83. As of last week, the company has a debt-to-equity ratio of 0.95, a current ratio of 1.28, and a quick ratio of 1.28. The fifty day moving average price for LBTYK is $17.333 and a two-hundred day moving average price translates $18.2446 for the stock.
The latest earnings results from Liberty Global Ltd (NASDAQ: LBTYK) was released for 2024-03-31. The net profit margin was -37.27% and return on equity was -13.88% for LBTYK. The company reported revenue of $1.95 billion for the quarter, compared to $1.87 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 4.11 percent.
