At the last check on Monday, Liberty Global plc’s (NASDAQ:LBTYK) stock was down -$0.16, moving down -0.82 percent to $19.38. The average number of shares traded per day over the past five days has been 2,008,600 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.32 fall in that time frame. In the last twenty days, the average volume was 2,275,280, while in the previous 50 days, it was 2,674,740.
Since last month, LBTYK stock rose 4.93%. Shares of the company fell to $17.48 on 07/06/23, the lowest level in the past month. A 52-week high of $23.56 was reached on 02/02/23 after having rallying from a 52-week low of $16.16. Since the beginning of this year, LBTYK’s stock price has dropped by -0.26% or -$0.05, and marked a new high 10 times. However, the stock has declined by -17.74% since its 52-week high.
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LBTYK stock investors should be aware that Liberty Global plc (LBTYK) stock had its last reported insider trading activity 39 days ago on Jun 27. BRACKEN CHARLES H R, the EVP & CFO of the company, disposed of 50,000 shares for $17.41 on Jun 27. It resulted in a $870,680 divestment by the insider. COLE ANDREW added 650 shares at an average price of $18.41 on Jun 20. The insider now owns 60,087 shares following the transaction. On Mar 30, EVP, Gen Counsel & Secretary HALL BRYAN H sold 6,000 shares at $20.04 apiece. The transaction was valued at $120,248.
Financial Health
Based on annual data, LBTYK earned $5.11 billion in gross profit and brought in $7.2 billion in revenue.
According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. While analysts expected Liberty Global plc to report -$0.02 quarterly earnings, the actual figure was $1.15 per share. During the quarter, the company generated $540.6 million in EBITDA. The liabilities of Liberty Global plc were 22.0 billion at the end of its most recent quarter ended December 30, and its total debt was $17.75 billion. The value of shareholders’ equity is $424.33 million.
Technical Picture
This quick technical analysis looks at Liberty Global plc’s (LBTYK) price momentum. With a historical volatility rate of 41.21%, the RSI 9-day stood at 50.54% on 04 August.
With respect to its five-day moving average, the current Liberty Global plc price is down by -1.62% percent or -$0.32. At present, LBTYK shares trade +3.42% above its 20-day simple moving average and +1.31% percent above its 100-day simple moving average. However, the stock is currently trading approximately +8.15% above its SMA50 and +11.51% above its SMA200.
Stochastic coefficient K was 44.27% and Stochastic coefficient D was 48.57%, while ATR was 0.55. Given the Stochastic reading of 39.78% for the 14-day period, the RSI (14) reading has been calculated as 53.40%. As of today, the MACD Oscillator reading stands at 0.02, while the 14-day reading stands at -0.15.
Analyst Ratings
Pivotal Research Group reiterated its a Buy rating on Liberty Global plc (NASDAQ: LBTYK) in a note to investors. The analysts firm has however raised their price target to $25, representing a possible 35.4% increase in the stock price. Liberty Global plc (LBTYK) has been rated Overweight by analysts. According to 1 brokerage firm, LBTYK is a sell, and 4 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate Liberty Global plc stock as buy, with 10 recommending it as overweight.