Liberty Global (NASDAQ:LBTYK) Stock Rating Upgraded by StockNews.com

StockNews.com upgraded shares of Liberty Global (NASDAQ:LBTYK) from a sell rating to a hold rating in a research note released on Monday.

Liberty Global Stock Up 2.1 %

Liberty Global stock opened at $19.49 on Monday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.34 and a current ratio of 1.34. The stock has a market cap of $7.26 billion, a PE ratio of -3.01 and a beta of 1.12. Liberty Global has a fifty-two week low of $16.03 and a fifty-two week high of $21.83. The firm’s 50-day simple moving average is $18.76 and its 200 day simple moving average is $18.22.

Liberty Global (NASDAQ:LBTYK) last released its earnings results on Thursday, July 25th. The company reported $0.71 earnings per share for the quarter. Liberty Global had a negative net margin of 27.03% and a negative return on equity of 10.72%. The firm had revenue of $1.87 billion for the quarter.

Hedge Funds Weigh In On Liberty Global

Large investors have recently modified their holdings of the business. Point72 Asset Management L.P. bought a new position in Liberty Global in the 2nd quarter worth approximately $109,000. Algert Global LLC purchased a new stake in shares of Liberty Global during the second quarter worth $309,000. Susquehanna International Group LLP boosted its holdings in shares of Liberty Global by 121.1% in the second quarter. Susquehanna International Group LLP now owns 376,698 shares of the company’s stock worth $6,724,000 after acquiring an additional 206,318 shares during the period. Scientech Research LLC purchased a new position in shares of Liberty Global in the second quarter valued at $726,000. Finally, Long Focus Capital Management LLC raised its stake in shares of Liberty Global by 39.7% during the 2nd quarter. Long Focus Capital Management LLC now owns 1,442,000 shares of the company’s stock valued at $25,740,000 after purchasing an additional 410,000 shares during the period. Hedge funds and other institutional investors own 46.10% of the company’s stock.

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.