Liberty Global Ltd (LBTYK): Choosing The Technical Investor Route

Liberty Global Ltd (NASDAQ:LBTYK) does about 2.36M shares in volume on a normal day but saw 2074235 shares change hands in the recent trading day. The company now has a market cap of 4.99B USD. Its current market price is $13.97, marking an increase of 1.97% compared to the previous close of $13.70. The 52 week high reached by this stock is $13.81 whilst the lowest price level in 52 weeks is $8.39. The script in recent trading has seen the stock touch a high of $28 and a low of $23.

Liberty Global Ltd (LBTYK) has a 20-day trading average at $17.33 and the current price is 1.12% off the 52-week high compared with 66.50% distance from its 52-week low. The 50-day simple moving average of the closing price is $19.82 and its 200-day simple moving average is $18.73. If we look at the stock’s price movements over the week, volatility stands at 3.57%, which increases to 3.62% 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 79.54 to suggest the stock is overbought.

2 analysts observing the Liberty Global Ltd (LBTYK) stock have set the 12-month price targets for the company’s shares at between $23 and $28. The consensus objective for the share price is $14.41, suggesting that the stock has a potential upside of 3.05% over the period. The median price target is 44.12% away from the current levels at $25.

FactSet Research has provided data showing that 2 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 1 analysts have rated it as a buy and 1 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Moderate Buy the stock.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on December 17, 2019 when Pivotal Research Group reiterated the stock to “Buy” and issued a price target of between $30 and $25.

The current price level is 17.78%, 21.58%, and 38.56% away from its SMA20, SMA50, and SMA200 respectively, with the LBTYK price moving below the 50-day SMA on current market day. Liberty Global Ltd (LBTYK) stock is up 13.67% over the week and 24.55% over the past month. Its price is 43.19% year-to-date and 56.82% over the past year.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year. In addition, estimates put the company’s current quarterly revenue at an average of $1.97B.

Its 12-month price target is $25. To reach the target analysts have set, the stock logically needs to grow 3.05 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $23, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $28.

Outstanding shares total 198.15M with insiders holding 12.13% of the shares and institutional holders owning 84.56% of the company’s common stock. The company has a return on investment of -11.66% and return on equity of -20.95%. The beta has a value of 1.21. Price to book ratio is 0.27 and price to sales ratio is 0.65.