Liberty Media Corp. (NASDAQ:LSXMA) does about 1.61M shares in volume on a normal day but saw 1454843 shares change hands in Tuesday trading. The company now has a market cap of 8.29B USD. Its current market price is $25.39, marking an increase of 2.30% compared to the previous close of $24.82. The 52 week high reached by this stock is $31.69 whilst the lowest price level in 52 weeks is $18.63.
Liberty Media Corp. (LSXMA) has a 20-day trading average at $26.61 and the current price is -19.88% off the 52-week high compared with 36.28% distance from its 52-week low. The 50-day simple moving average of the closing price is $28.45. If we look at the stock’s price movements over the week, volatility stands at 2.31%, which increases to 2.55% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 35.04 to suggest the stock is neutral.
The consensus objective for the share price is $36.60, suggesting that the stock has a potential upside of 30.63% over the period.
Seaport Research Partners upgraded the stock to “Buy” from Neutral on August 21, 2023 at a price target of $32.
Liberty Media Corp. (LSXMA) stock is up 3.38% over the week and -11.69% over the past month. Its price is -11.66% year-to-date and 21.01% over the past year.
To reach the target analysts have set, the stock logically needs to grow 30.63 percent from here.
The company has a return on investment of 4.37% and return on equity of 9.87%. The price to earnings ratio (P/E ratio) amounts to 13.34 while the forward price to earnings ratio is 8.80. The beta has a value of 1.14. Price to book ratio is 0.83 and price to sales ratio is 0.93.
