In yesterday’s Wall Street session, Liberty Broadband Corp (NASDAQ:LBRDK) shares traded at $89.72, down -3.20% from the previous session.
LBRDK stock price is now 15.11% away from the 50-day moving average and 44.92% away from the 200-day moving average. The market capitalization of the company currently stands at $12.82B.
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In other news, Wendling Brian J, CAO/PFO sold 2,208 shares of the company’s stock on Sep 26 ’24. The stock was sold for $167,446 at an average price of $75.84. Upon completion of the transaction, the CAO/PFO now directly owns 11,054 shares in the company, valued at $0.99 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 25 ’24, Chief Legal/Admin Officer Wilm Renee L sold 4,423 shares of the business’s stock. A total of $338,625 was realized by selling the stock at an average price of $76.56. This leaves the insider owning 3,670 shares of the company worth $0.33 million. A total of 20.93% 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 $101.50. As of last week, the company has a debt-to-equity ratio of 0.39, a current ratio of 2.07, and a quick ratio of 2.07. The fifty day moving average price for LBRDK is $77.3718 and a two-hundred day moving average price translates $61.85195 for the stock.
The latest earnings results from Liberty Broadband Corp (NASDAQ: LBRDK) was released for 2024-09-30. The net profit margin was 78.07% and return on equity was 8.38% for LBRDK. The company reported revenue of $262.0 million for the quarter, compared to $240.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 9.17 percent.
