Liberty Global plc (NASDAQ:LBTYK) saw a downside of -2.21% to close Tuesday at $18.60 after subtracting -$0.42 on the day. The 5-day average trading volume is 2,211,040 shares of the company’s common stock. It has gained $19.60 in the past week and touched a new high 2 times within the past 5 days. An average of 2,156,625 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,455,188.
LBTYK’s 1-month performance is -7.88% or -$1.53 on its low of $18.45 reached on 08/22/23. The company’s shares have touched a 52-week low of $16.16 and high of $22.78, with the stock’s rally to the 52-week high happening on 02/02/23. YTD, LBTYK has lost -4.27% or -$0.83 and has reached a new high 10 times. However, the current price is down -18.35% from the 52-week high price.
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Insider Transactions
LBTYK stock investors last saw insider trading activity on Jun 27.BRACKEN CHARLES H R (EVP & CFO) most recently sold 50,000 shares at $17.41 per share on Jun 27. This transaction cost the insider $870,680. EVP, Gen Counsel & Secretary, HALL BRYAN H, sold 6,000 shares at a price of $20.04 on Mar 30. Then, on Mar 28, EVP, Gen Counsel & Secretary HALL BRYAN H sold 10,000 shares at a price of $19.77 per share. This transaction amounted to $197,673.
Valuation Metrics
LBTYK stock has a beta of 1.25.
The firm’s gross profit as reported stood at $5.11 billion against revenue of $7.2 billion.
Earnings Surprise
For the quarterly period ending December 30 this year, Net income and sales went down compared to those figures reported in the previous quarter. Analysts expected LBTYK to announce -$0.02 per share in earnings in its latest quarter, but it posted $1.15, representing a 5,850.00% surprise. EBITDA for the quarter stood at more than $540.6 million. LBTYK stock balance sheet for the quarter ending December 30 shows that total liabilities totaled 22.0 billion, with total debt at $17.75 billion. Shareholders hold equity totaling $424.33 million.
Let’s look briefly at Liberty Global plc (LBTYK) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 22 August was 32.48% to suggest the stock is trending Neutral, with historical volatility in this time period at 18.81%.
The stock’s 5-day moving average is $18.99, reflecting a -4.57% or -$0.89 change from its current price. LBTYK is currently trading -1.06% above its 20-day SMA, -6.30% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +4.85% and SMA200 by-0.21%.
Stochastic %K and %D was 10.89% and 11.94% and the average true range (ATR) pointed at 0.46. The RSI (14) points at 40.23%, while the 14-day stochastic is at 9.54% with the period’s ATR at 0.48. The stock’s 9-day MACD Oscillator is pointing at -0.45 and -0.54 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Liberty Global plc (NASDAQ: LBTYK), Pivotal Research Group reiterated its a Buy rating for the company but lifted their price target by $30 to $25. Analysts offering their rating for LBTYK stock have a consensus rating for the stock as Overweight. Currently, 1 brokerage advisors rate LBTYK as a “sell,”, while 4 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 1 rates the stock as overweight while 10 have offered a “buy” rating.
What is LBTYK’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $20.90 and a high of $51.00, with their median price target at $26.00. Looking at these predictions, the average price target given by analysts is for Liberty Global plc (LBTYK) stock is $28.45.
