The stock of Liberty Global plc (NASDAQ:LBTYK) decreased by -$0.25 on Wednesday to $19.38, down -1.27 percent. The last five days have seen an average of 1,489,679 shares of common stock traded. 10 times new highs were reached in the current year, with a fall of -$0.07. The average number of shares traded over the last 20 days was 1,898,005, while the average volume over the last 50 days totaled 2,212,702.
LBTYK stock dropped -1.27% since last month. On 08/22/23, the company’s shares reached a one-month low of $18.45. The stock touched a high of $22.78 on 02/02/23, after rallying from a low of $16.16 in 52 weeks. The price of LBTYK stock has declined by -0.26% or -$0.07 this year, reaching a new high 10 times. Still, the stock price is down -14.92% from the 52-week high.
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Insider Transactions
LBTYK stock investors should be aware that Liberty Global plc (LBTYK) stock had its last reported insider trading activity 6 days ago on Aug 24. On Aug 24, EVP, Gen Counsel & Secretary HALL BRYAN H sold 10,600 shares at $18.92 each. This transaction resulted in the insider making $200,590. On Aug 23, Salvato Andrea sold 50,000 shares at a price of US$18.93. After the transaction, the insider now owns 121,905 shares. EVP & CFO BRACKEN CHARLES H R had earlier sold 50,000 shares on Jun 27 for $17.41 a share. The transaction was completed for $870,680.
Financial Health
Based on annual data, it had gross profit of $5.11 billion and revenue of $7.2 billion.
Earnings Surprise
According to Liberty Global plc’s quarterly financial report for the quarter that ended December 30. A lower net income was reported in the quarter under review than the previous quarter. It was predicted that Liberty Global plc’s quarterly earnings would be $1.15, but it ended up being -$0.02. EBITDA was $540.6 million for the quarter. At the end of Liberty Global plc’s most recent quarter ended December 30, its liabilities totaled 22.0 billion, while its total debt was $17.75 billion. Equity owned by shareholders amounts to $424.33 million.
Technical Picture
Here’s a quick look at Liberty Global plc’s (LBTYK) price momentum from a technical perspective. As of 29 August, the RSI 9-day stood at 52.35%, suggesting the stock is Neutral, with a 30.11% historical volatility rate.
The stochastic %K and %D were 68.35% and 53.05% respectively, while the average true range (ATR) was 0.48. Based on the 14-day stochastic reading of 67.54%, the RSI (14) reading is 51.87%. On the 9-day MACD Oscillator, the stock is at 0.37, and the 14-day reading is at 0.23.
Analyst Ratings
In a note to investors, Pivotal Research Group maintained its a Buy rating on Liberty Global plc (NASDAQ: LBTYK). However, the firm raised their price target to $25, indicating a possible increase of 35.4% in the stock price. Analysts have assigned Liberty Global plc (LBTYK) an Overweight rating. LBTYK is a stock that is recommended for selling by 1 brokerage firm, while 4 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 1 rate it overweight and 9 others recommend it as a buy.
What is LBTYK’s price target for the next 12 months?
The current consensus forecast for the stock is between $20.90 and $51.00, with a median target price of $26.00. In analyzing these forecasts, the average price target given by analysts for Liberty Global plc (LBTYK) is $28.45.
