Liberty Global plc (NASDAQ:LBTYK) finished Friday with an addition of $0.19 to close at $18.56, an upside of 1.03 percent. An average of 2,421,720 shares of common stock have been traded in the last five days. There was a fall of -$0.90 in the past week, and it reached a new high 17 times over the past 12 months. The last 20 days have seen an average of 2,335,575 shares traded, while the 50-day average volume stands at 2,285,430.
LBTYK stock has decreased by -4.33% in the last month. The company shares reached their 1-month lowest point of $17.79 on 09/26/23. 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 -4.48% or -$0.87 in price. In spite of this, the price is down -18.53% 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 9 days ago on Sep 21. In this transaction, the insider spent $1,025,555. SVP & CAO, Waldron Jason, disposed of 9,714 shares at a price of $19.46 on Sep 13. The insider now owns more than $189,048 worth of shares. Prior to that, SVP & CAO Waldron Jason went on to Sale 2,329 shares at $19.01 each on Sep 12. An amount of $44,263 was transacted.
Valuation Metrics
Liberty Global plc (LBTYK) stock’s beta is 1.25. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.08, the price-to-book (PB) ratio at 0.36, and the price-to-cash flow ratio at 4.04.
Financial Health
The quick ratio of Liberty Global plc for the three months ended December 30 was 1.45, and the current ratio was 1.45, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.73 and a total debt to equity ratio of 0.77 for the quarter ending December 30. 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 29 September was 40.47%, suggesting the stock is Neutral, with historical volatility in this time frame at 33.25%.
As of today, LBTYK’s price is $18.30 -4.62% or -$0.90 from its 5-day moving average. LBTYK is currently trading -6.45% lower than its 20-day SMA and -6.26% lower than its 100-day SMA. However, the stock’s current price level is -7.01% below the SMA50 and -6.45% below the SMA200.
The stochastic %K and %D were 23.64% and 16.69%, respectively, and the average true range (ATR) was 0.49. With the 14-day stochastic at 29.84% and the average true range at 0.49, the RSI (14) stands at 42.75%. The stock has reached -0.55 on the 9-day MACD Oscillator while the 14-day reading was at -0.81.
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 38.13% for the stock. The consensus rating for Liberty Global plc (LBTYK) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell LBTYK, while 5 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”.
