As of Friday close, Liberty Global plc’s (NASDAQ:LBTYK) stock was down -$0.07, moving down -0.36 percent to $19.46. The average number of shares traded per day over the past five days has been 2,031,100 shares. 3 times new highs have been achieved over the past 5 days, with a -$0.20 fall in that time frame. In the last twenty days, the average volume was 2,338,265, while in the previous 50 days, it was 2,272,154.
Since last month, LBTYK stock rose 1.62%. Shares of the company fell to $18.50 on 09/08/23, the lowest level in the past month. A 52-week high of $22.78 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 risen by 0.15% or $0.03, and marked a new high 10 times. However, the stock has declined by -14.57% since its 52-week high.
LBTYK stock investors should be aware that Liberty Global plc (LBTYK) stock had its last reported insider trading activity 2 days ago on Sep 21. BRACKEN CHARLES H R, the EVP & CFO of the company, disposed of 52,577 shares for $19.51 on Sep 21. It resulted in a $1,025,555 divestment by the insider. Waldron Jason sold 9,714 shares at an average price of $19.46 on Sep 13. The insider now owns 81,892 shares following the transaction. On Sep 12, SVP & CAO Waldron Jason sold 2,329 shares at $19.01 apiece. The transaction was valued at $44,263.
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 19.29%, the RSI 9-day stood at 48.21% on 22 September.
With respect to its five-day moving average, the current Liberty Global plc price is down by -1.02% percent or -$0.20. At present, LBTYK shares trade +2.96% above its 20-day simple moving average and -2.89% percent below its 100-day simple moving average. However, the stock is currently trading approximately -0.21% below its SMA50 and -3.57% below its SMA200.
Stochastic coefficient K was 60.07% and Stochastic coefficient D was 73.78%, while ATR was 0.46. Given the Stochastic reading of 51.34% for the 14-day period, the RSI (14) reading has been calculated as 50.28%. As of today, the MACD Oscillator reading stands at -0.08, while the 14-day reading stands at 0.17.
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 35.13% increase in the stock price. Liberty Global plc (LBTYK) has been rated Overweight by analysts. According to 0 brokerage firms, LBTYK is a sell, and 5 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 8 recommending it as overweight.
With a median target price of $25.50, the current consensus forecast for the stock is $20.90 – $51.00. Based on these forecasts, analysts predict Liberty Global plc (LBTYK) will achieve an average price target of $28.66.
