Is Liberty Global Ltd (NASDAQ: LBTYA) Proving The Doubters Wrong?

Liberty Global Ltd (LBTYA) concluded trading on Wednesday at a closing price of $13.78, with 3.57 million shares of worth about $49.23 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 48.45% during that period and on December 04, 2024 the price saw a loss of about -0.22%. Currently the company’s common shares owned by public are about 172.86M shares, out of which, 166.31M shares are available for trading.

Stock saw a price change of 0.15% in past 5 days and over the past one month there was a price change of 31.45%. Year-to-date (YTD), LBTYA shares are showing a performance of 50.53% which increased to 62.02% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $8.03 but also hit the highest price of $14.30 during that period. The average intraday trading volume for Liberty Global Ltd shares is 3.46 million. The stock is currently trading 9.95% above its 20-day simple moving average (SMA20), while that difference is up 20.51% for SMA50 and it goes to 41.08% higher than SMA200.

Liberty Global Ltd (NASDAQ: LBTYA) currently have 172.86M outstanding shares and institutions hold larger chunk of about 42.62% of that.

The stock has a current market capitalization of $5.04B and its 3Y-monthly beta is at 1.29. It has posted earnings per share of -$11.04 in the same period. It has Quick Ratio of 1.19 while making debt-to-equity ratio of 0.97. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for LBTYA, volatility over the week remained 2.34% while standing at 3.54% over the month.

Stock’s fiscal year EPS is expected to rise by 62.44% while it is estimated to increase by 4.89% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by UBS on November 18, 2024 offering a Neutral rating for the stock and assigned a target price range of between $23 and $13 to it. Coverage by BofA Securities stated Liberty Global Ltd (LBTYA) stock as a Neutral in their note to investors on August 12, 2024, suggesting a price target of $21.30 for the stock. On August 09, 2024, Citigroup Resumed their recommendations, while on March 18, 2024, HSBC Securities Downgrade their ratings for the stock with a price target of $20. Stock get an Underperform rating from BofA Securities on February 23, 2024.

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