Liberty Global (NASDAQ:LBTYA) Hits New 12-Month Low – Time to Sell?

Liberty Global Ltd. (NASDAQ:LBTYA)’s share price reached a new 52-week low on Wednesday . The stock traded as low as $11.37 and last traded at $11.37, with a volume of 3154 shares traded. The stock had previously closed at $20.74.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Bank of America upgraded shares of Liberty Global from an “underperform” rating to a “neutral” rating and boosted their price target for the stock from $15.50 to $21.30 in a report on Monday, August 12th. Benchmark restated a “buy” rating and set a $27.00 price target on shares of Liberty Global in a report on Tuesday, October 29th. Finally, Citigroup initiated coverage on shares of Liberty Global in a research note on Friday, August 9th. They issued a “buy” rating and a $25.00 target price on the stock. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $24.26.

Liberty Global Stock Up 4.6 %

The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.19 and a current ratio of 1.19. The firm has a market capitalization of $4.45 billion, a PE ratio of -1.17 and a beta of 1.18. The company’s 50 day simple moving average is $20.41 and its 200-day simple moving average is $18.81.

Institutional Trading of Liberty Global

Institutional investors and hedge funds have recently bought and sold shares of the company. Seven Eight Capital LP purchased a new stake in shares of Liberty Global during the 1st quarter valued at $2,029,000. Scientech Research LLC purchased a new stake in shares of Liberty Global during the 2nd quarter valued at $1,390,000. Amalgamated Bank purchased a new stake in shares of Liberty Global during the 2nd quarter valued at $480,000. Algert Global LLC bought a new position in shares of Liberty Global during the 2nd quarter valued at $624,000. Finally, Gamco Investors INC. ET AL grew its holdings in shares of Liberty Global by 32.8% during the 1st quarter. Gamco Investors INC. ET AL now owns 1,222,428 shares of the company’s stock valued at $20,683,000 after purchasing an additional 301,639 shares during the last quarter. 37.20% of the stock is currently owned by hedge funds and other institutional investors.

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.