Liberty Global Ltd (NASDAQ:LBTYA) shares traded 4.62% higher at $12.45 on Wall Street last session.
LBTYA stock price is now 16.71% away from the 50-day moving average and 30.57% away from the 200-day moving average. The market capitalization of the company currently stands at $4.51B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
With the price target enhanced from $15.50 to $21.30, BofA Securities Upgraded its rating from Underperform to Neutral for Liberty Global Ltd (NASDAQ: LBTYA). , while ‘HSBC Securities’ rates the stock as ‘Hold’
In other news, HALL BRYAN H, EVP, Gen Counsel & Secretary sold 10,000 shares of the company’s stock on Nov 13 ’24. The stock was sold for $121,878 at an average price of $12.19. Upon completion of the transaction, the EVP, Gen Counsel & Secretary now directly owns 131,139 shares in the company, valued at $1.63 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 11 ’24, EVP, Gen Counsel & Secretary HALL BRYAN H sold 20,000 shares of the business’s stock. A total of $418,482 was realized by selling the stock at an average price of $20.92. This leaves the insider owning 141,139 shares of the company worth $1.76 million. A total of 52.27% of the company’s stock is owned by insiders.
During the past 12 months, Liberty Global Ltd has had a low of $8.01 and a high of $12.34. As of last week, the company has a debt-to-equity ratio of 0.97, a current ratio of 1.19, and a quick ratio of 1.19. The fifty day moving average price for LBTYA is $20.2504 and a two-hundred day moving average price translates $18.39475 for the stock.
The latest earnings results from Liberty Global Ltd (NASDAQ: LBTYA) was released for 2024-09-30. The net profit margin was -54.02% and return on equity was -20.95% for LBTYA. The company reported revenue of $1.94 billion for the quarter, compared to $1.85 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 4.35 percent.
