Liberty Global Class B (LBTYB, Financial) shares experienced a significant price surge of 6.19%. The stock reached $13.07 per share with a trading volume of 3,662 shares. The turnover rate was minimal at 0.00%, and the price fluctuation was 6.96%.
Recent financial reports indicate Liberty Global generated $1.935 billion in revenue but recorded a net loss of $1.434 billion, translating to an earnings per share (EPS) of -$3.95. The company's gross profit was $532 million, and it had a price-to-earnings (P/E) ratio of -1.31.
In terms of analyst recommendations, 50% of the 14 participating institutions rated LBTYB as a 'buy' while the other 50% suggested holding the stock. No institutions recommended selling it.
Within the telecom services sector, which saw an overall decline of 0.33%, certain related stocks showed notable activity. Anterix Inc., Radcom Ltd., and Philippine Long Distance Telephone experienced significant gains. Meanwhile, Sunrise Communications AG, Frontier Communications Parent, Inc., and Crexendo, Inc. were among the most actively traded, with turnover rates of 3.22%, 0.96%, and 0.60%, respectively. Stocks with notable price fluctuations included Gogo Inc., Crexendo, Inc., and uCloudlink, with respective amplitudes of 9.11%, 9.00%, and 8.47%.
Liberty Global, a holding company, owns significant telecom interests across the UK, Netherlands, Belgium, Switzerland, Ireland, and Slovakia. Since 2016, it has focused on collaborating with mobile network operators to provide integrated services. Additionally, Liberty holds minority stakes in various media, entertainment, and cloud companies.
