Liberty Broadband Corp (LBRDK) Shares Rise Despite Market Challenges

ATHA

Liberty Broadband Corp (NASDAQ: LBRDK)’s stock price has increased by 2.59 compared to its previous closing price of 59.56. However, the company has seen a -0.23% decrease in its stock price over the last five trading sessions. seekingalpha.com reported 2024-08-31 that Liberty Broadband preferred stock offers stable income, backed by a significant stake in Charter Communications, ensuring high safety for dividend payments. The preferred stock is trading under par, presenting a good buying opportunity. If interest rates are cut, the price can easily return to above par. The mandatory redemption at par on March 8, 2039 is an attractive characteristic that is not often encountered in preferred stock.

Is It Worth Investing in Liberty Broadband Corp (NASDAQ: LBRDK) Right Now?

The price-to-earnings ratio for Liberty Broadband Corp (NASDAQ: LBRDK) is above average at 10.96x, Company’s 36-month beta value is 1.03.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 1 as “overweight,” 1 as “hold,” and 0 as “sell.”

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The public float for LBRDK is 112.94M, and currently, short sellers hold a 4.47% ratio of that floaft. The average trading volume of LBRDK on September 13, 2024 was 841.82K shares.

LBRDK’s Market Performance

LBRDK’s stock has seen a -0.23% decrease for the week, with a -3.72% drop in the past month and a 19.38% gain in the past quarter. The volatility ratio for the week is 2.93%, and the volatility levels for the past 30 days are at 2.47% for Liberty Broadband Corp The simple moving average for the past 20 days is -1.06% for LBRDK’s stock, with a -1.04% simple moving average for the past 200 days.

LBRDK Trading at 0.98% from the 50-Day Moving Average

After a stumble in the market that brought LBRDK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -36.04% of loss for the given period.

Volatility was left at 2.47%, however, over the last 30 days, the volatility rate increased by 2.93%, as shares sank -2.02% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.56% upper at present.

During the last 5 trading sessions, LBRDK fell by -0.23%, which changed the moving average for the period of 200-days by -26.85% in comparison to the 20-day moving average, which settled at $61.69. In addition, Liberty Broadband Corp saw -24.18% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at LBRDK starting from WARGO J DAVID, who sale 15,000 shares at the price of $51.98 back on Apr 08 ’24. After this action, WARGO J DAVID now owns 72,332 shares of Liberty Broadband Corp, valued at $779,732 using the latest closing price.

WARGO J DAVID, the Director of Liberty Broadband Corp, sale 10,000 shares at $51.43 during a trade that took place back on Apr 05 ’24, which means that WARGO J DAVID is holding 87,332 shares at $514,289 based on the most recent closing price.

Stock Fundamentals for LBRDK

Current profitability levels for the company are sitting at:

  • 0.08 for the present operating margin
  • 0.52 for the gross margin

The net margin for Liberty Broadband Corp stands at 0.82. The total capital return value is set at 0.01. Equity return is now at value 8.65, with 5.12 for asset returns.

Based on Liberty Broadband Corp (LBRDK), the company’s capital structure generated 0.27 points at debt to capital in total, while cash flow to debt ratio is standing at 0.04. The debt to equity ratio resting at 0.38. The interest coverage ratio of the stock is 0.75.

Currently, EBITDA for the company is 1.49 billion with net debt to EBITDA at 3.05. When we switch over and look at the enterprise to sales, we see a ratio of 12.56. The receivables turnover for the company is 5.57for trailing twelve months and the total asset turnover is 0.06. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.68.

Conclusion

In a nutshell, Liberty Broadband Corp (LBRDK) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

Related Posts