Liberty Global (NASDAQ:LBTYK) Hits New 52-Week Low – Time to Sell?

Shares of Liberty Global Ltd. (NASDAQ:LBTYK) hit a new 52-week low during trading on Thursday . The stock traded as low as $11.22 and last traded at $11.29, with a volume of 550736 shares changing hands. The stock had previously closed at $11.35.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on shares of Liberty Global in a research note on Friday, January 17th. They issued a “hold” rating for the company.

Liberty Global Trading Down 0.6 %

The company has a debt-to-equity ratio of 0.80, a current ratio of 1.19 and a quick ratio of 1.19. The business’s 50 day moving average is $12.60 and its 200 day moving average is $16.95. The stock has a market cap of $4.03 billion, a price-to-earnings ratio of -1.11 and a beta of 1.19.

Insider Buying and Selling

In related news, major shareholder Nicholas V. Tompras sold 57,000 shares of the business’s stock in a transaction on Friday, December 27th. The shares were sold at an average price of $12.94, for a total value of $737,580.00. Following the completion of the sale, the insider now directly owns 16,153 shares of the company’s stock, valued at $209,019.82. The trade was a 77.92 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Charles H. R. Bracken sold 84,103 shares of the business’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $14.56, for a total transaction of $1,224,539.68. Following the completion of the sale, the chief financial officer now directly owns 53,312 shares of the company’s stock, valued at approximately $776,222.72. This trade represents a 61.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 9.86% of the company’s stock.

Institutional Investors Weigh In On Liberty Global

A number of institutional investors and hedge funds have recently made changes to their positions in LBTYK. R Squared Ltd purchased a new stake in shares of Liberty Global in the fourth quarter valued at about $28,000. US Bancorp DE raised its holdings in Liberty Global by 40.3% during the fourth quarter. US Bancorp DE now owns 3,032 shares of the company’s stock worth $40,000 after purchasing an additional 871 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich purchased a new position in Liberty Global during the fourth quarter worth about $63,000. MassMutual Private Wealth & Trust FSB purchased a new position in Liberty Global during the fourth quarter worth about $66,000. Finally, Deseret Mutual Benefit Administrators raised its holdings in Liberty Global by 22.5% during the third quarter. Deseret Mutual Benefit Administrators now owns 3,152 shares of the company’s stock worth $68,000 after purchasing an additional 578 shares in the last quarter. 46.10% of the stock is owned by hedge funds and other institutional investors.

Liberty Global Company Profile

Liberty Global Ltd., together with its subsidiaries, provides broadband internet, video, fixed-line telephony, and mobile communications services to residential and business customers. It offers value-added broadband services, such as WiFi features, security, anti-virus, firewall, spam protection, smart home services, online storage solutions, and web spaces; and Connect Box that delivers in-home Wi-Fi service.