The stock of Liberty Broadband Corp (NASDAQ:LBRDK) last traded at $54.09, up 3.11% from the previous session.
LBRDK stock price is now 3.76% away from the 50-day moving average and -25.61% away from the 200-day moving average. The market capitalization of the company currently stands at $7.73B.
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In other news, WARGO J DAVID, Director sold 15,000 shares of the company’s stock on Apr 08 ’24. The stock was sold for $779,732 at an average price of $51.98. Upon completion of the transaction, the Director now directly owns 72,332 shares in the company, valued at $3.91 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 05 ’24, Director WARGO J DAVID sold 10,000 shares of the business’s stock. A total of $514,289 was realized by selling the stock at an average price of $51.43. This leaves the insider owning 87,332 shares of the company worth $4.72 million. A total of 20.94% of the company’s stock is owned by insiders.
During the past 12 months, Liberty Broadband Corp has had a low of $46.46 and a high of $95.68. As of last week, the company has a debt-to-equity ratio of 0.40, a current ratio of 1.81, and a quick ratio of 1.81. The fifty day moving average price for LBRDK is $52.065 and a two-hundred day moving average price translates $72.5198 for the stock.
The latest earnings results from Liberty Broadband Corp (NASDAQ: LBRDK) was released for 2024-03-31. The net profit margin was 87.76% and return on equity was 9.50% for LBRDK. The company reported revenue of $245.0 million for the quarter, compared to $246.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -0.41 percent.
