Liberty Global plc (NASDAQ:LBTYK) finished Friday with a subtraction of -$0.1 to close at $18.80, a downside of -0.53 percent. An average of 1,925,620 shares of common stock have been traded in the last five days. There was a fall of -$0.11 in the past week, and it reached a new high 4 times over the past 12 months. The last 20 days have seen an average of 2,007,700 shares traded, while the 50-day average volume stands at 2,371,124.
LBTYK stock has decreased by -4.23% in the last month. The company shares reached their 1-month lowest point of $18.45 on 08/22/23. With the stock rallying to its 52-week high on 02/02/23, shares of the company touched a low of $16.16 and a high of $22.78 in 52 weeks. It has reached a new high 10 times so far this year and lost -3.24% or -$0.63 in price. In spite of this, the price is down -17.47% from the 52-week high.
Insider Transactions
LBTYK stock investors should be aware that Liberty Global plc (LBTYK) stock had its last reported insider trading activity 2 days ago on Aug 24. In this transaction, the insider spent $200,590. EVP, Chief Development Officer, Salvato Andrea, disposed of 50,000 shares at a price of $18.93 on Aug 23. The insider now owns more than $946,410 worth of shares. Prior to that, EVP & CFO BRACKEN CHARLES H R went on to Sale 50,000 shares at $17.41 each on Jun 27. An amount of $870,680 was transacted.
Financial Health
Liberty Global plc’s EBITDA margin for the year ending December 30 is 33.54%. Its gross profit as reported stood at $5.11 billion compared to revenue of $7.2 billion.
Earnings Surprise
The analyst consensus anticipated Liberty Global plc’s latest quarter earnings to come in at -$0.02 per share, but it turned out to be $1.15, a 5,850.00% 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 (LBTYK) price momentum. RSI 9-day as of the close on 25 August was 40.82%, suggesting the stock is Neutral, with historical volatility in this time frame at 24.79%.
As of today, LBTYK’s price is $18.89 -0.58% or -$0.11 from its 5-day moving average. LBTYK is currently trading -4.57% lower than its 20-day SMA and -9.48% lower than its 100-day SMA. However, the stock’s current price level is +3.13% above the SMA50 and -2.13% below the SMA200.
The stochastic %K and %D were 32.57% and 28.27%, respectively, and the average true range (ATR) was 0.48. With the 14-day stochastic at 22.70% and the average true range at 0.49, the RSI (14) stands at 44.43%. The stock has reached -0.08 on the 9-day MACD Oscillator while the 14-day reading was at -0.32.
Analyst Ratings
Pivotal Research Group reiterated its a Buy rating on Liberty Global plc (NASDAQ: LBTYK), but raised their price target to $30, indicating a potential price increase of 37.33% for the stock. The consensus rating for Liberty Global plc (LBTYK) among analysts is Overweight. According to current brokerage recommendations, 1 brokerage firm advise that investors sell LBTYK, while 4 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 9 others rate it as a “buy”.
What is LBTYK’s price target for the next 12 months?
Analysts predict a range of price targets between $20.90 and $51.00, with a median target of $26.00. Taking a look at these predictions, the average price target given by analysts for Liberty Global plc (LBTYK) stock is $28.45.
