Liberty Global (NASDAQ:LBTYK) Shares Gap Up – Should You Buy?

Liberty Global Ltd. (NASDAQ:LBTYK)’s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $13.97, but opened at $14.67. Liberty Global shares last traded at $14.67, with a volume of 290 shares changing hands.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on Liberty Global in a research note on Thursday, November 14th. They issued a “hold” rating on the stock.

Liberty Global Stock Up 2.3 %

The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.80. The company has a 50 day simple moving average of $19.37 and a two-hundred day simple moving average of $18.97. The firm has a market capitalization of $5.17 billion, a P/E ratio of -1.43 and a beta of 1.14.

Institutional Trading of Liberty Global

Hedge funds have recently bought and sold shares of the stock. SVB Wealth LLC purchased a new stake in shares of Liberty Global during the 1st quarter worth approximately $257,000. B. Riley Wealth Advisors Inc. purchased a new stake in Liberty Global during the first quarter valued at $446,000. Atria Investments Inc lifted its position in Liberty Global by 10.4% during the first quarter. Atria Investments Inc now owns 407,587 shares of the company’s stock valued at $7,190,000 after purchasing an additional 38,437 shares during the last quarter. Cetera Investment Advisers increased its position in shares of Liberty Global by 91.8% during the 1st quarter. Cetera Investment Advisers now owns 214,785 shares of the company’s stock valued at $3,789,000 after purchasing an additional 102,828 shares during the last quarter. Finally, Cetera Advisors LLC lifted its position in Liberty Global by 556.1% in the first quarter. Cetera Advisors LLC now owns 125,210 shares of the company’s stock worth $2,209,000 after buying an additional 106,126 shares during the last quarter. Hedge funds and other institutional investors own 46.10% of the company’s stock.

About Liberty Global

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.