Liberty Global plc (NASDAQ:LBTYA) finished Wednesday with a subtraction of -$0.26 to close at $18.32, a downside of -1.40 percent. An average of 1,245,900 shares of common stock have been traded in the last five days. The last 20 days have seen an average of 1,553,740 shares traded, while the 50-day average volume stands at 1,841,268.
LBTYA stock has increased by 2.75% in the last month. The company shares reached their 1-month lowest point of $17.58 on 07/25/23. With the stock rallying to its 52-week high on 02/02/23, shares of the company touched a low of $15.22 and a high of $22.27 in 52 weeks. It has reached a new high 9 times so far this year and lost -3.22% or -$0.61 in price. In spite of this, the price is down -17.74% from the 52-week high.
Insider Transactions
LBTYA stock investors should be aware that Liberty Global plc (LBTYA) stock had its last reported insider trading activity 44 days ago on Jun 27. In this transaction, the insider spent $870,680. EVP, Gen Counsel & Secretary, HALL BRYAN H, disposed of 6,000 shares at a price of $20.04 on Mar 30. The insider now owns more than $120,248 worth of shares. Prior to that, EVP, Gen Counsel & Secretary HALL BRYAN H went on to Sale 10,000 shares at $19.77 each on Mar 28. An amount of $197,673 was transacted.
Valuation Metrics
Liberty Global plc (LBTYA) stock’s beta is 1.26. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.11, the price-to-book (PB) ratio at 0.37, and the price-to-cash flow ratio at 7.63.
Financial Health
The quick ratio of Liberty Global plc for the three months ended June 29 was 1.50, and the current ratio was 1.50, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.66 and a total debt to equity ratio of 0.69 for the quarter ending June 29. Liberty Global plc’s EBITDA margin for the year ending June 29 is 33.54%, while its operating margin for the same period stands at 0.80%. Its gross profit as reported stood at $5.11 billion compared to revenue of $7.2 billion.
Earnings Surprise
For the three-month period that ended June 29, Liberty Global plc had $2.13 billion in cash and short-term investments compared to $14.41 billion in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of -$499.6 million in the quarter, while revenues of -$721.4 million were grew 307.83%. The analyst consensus anticipated Liberty Global plc’s latest quarter earnings to come in at -$0.29 per share, but it turned out to be -$0.44, a -51.70% surprise. For the quarter, EBITDA amounted to $540.6 million. Shareholders own equity worth $424.33 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Liberty Global plc (LBTYA) price momentum. RSI 9-day as of the close on 09 August was 50.06%, suggesting the stock is Neutral, with historical volatility in this time frame at 12.93%.
As of today, LBTYA’s price is $18.37 unch or $unch from its 5-day moving average. LBTYA is currently trading +1.66% higher than its 20-day SMA and -3.02% lower than its 100-day SMA. However, the stock’s current price level is +12.12% above the SMA50 and +11.50% above the SMA200.
The stochastic %K and %D were 46.31% and 43.42%, respectively, and the average true range (ATR) was 0.48. With the 14-day stochastic at 40.00% and the average true range at 0.50, the RSI (14) stands at 52.51%. The stock has reached 0.02 on the 9-day MACD Oscillator while the 14-day reading was at -0.02.
Analyst Ratings
Bernstein downgraded Liberty Global plc (NASDAQ: LBTYA) to a a Mkt perform rating in its most recent analyst report. Previously, the stock was rated as an Outperform.
