Liberty Broadband Corp Series C (LBRDK) Trading Down 5.2%

Shares of Liberty Broadband Corp Series C (NASDAQ:LBRDK) dropped 5.2% on Friday . The company traded as low as $73.95 and last traded at $76.65. Approximately 1,447,910 shares were traded during trading, an increase of 78% from the average daily volume of 813,434 shares. The stock had previously closed at $80.89.

Several analysts recently commented on the company. ValuEngine upgraded Liberty Broadband Corp Series C from a “sell” rating to a “hold” rating in a research report on Thursday, September 27th. Zacks Investment Research cut Liberty Broadband Corp Series C from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 11th.

The company has a quick ratio of 8.49, a current ratio of 8.49 and a debt-to-equity ratio of 0.05. The stock has a market cap of $14.67 billion, a P/E ratio of 808.90 and a beta of 1.37.



Liberty Broadband Corp Series C (NASDAQ:LBRDK) last posted its earnings results on Wednesday, August 8th. The company reported $0.06 EPS for the quarter, missing the consensus estimate of $0.30 by ($0.24). Liberty Broadband Corp Series C had a net margin of 9,284.89% and a return on equity of 20.47%. The business had revenue of $3.37 million during the quarter. As a group, research analysts forecast that Liberty Broadband Corp Series C will post 0.9 EPS for the current year.

A number of institutional investors and hedge funds have recently bought and sold shares of LBRDK. Summit Trail Advisors LLC boosted its stake in Liberty Broadband Corp Series C by 5,610.6% during the 1st quarter. Summit Trail Advisors LLC now owns 108,729 shares of the company’s stock valued at $109,000 after purchasing an additional 106,825 shares in the last quarter. Massey Quick Simon & CO. LLC bought a new position in Liberty Broadband Corp Series C during the 2nd quarter valued at $136,000. NEXT Financial Group Inc bought a new position in Liberty Broadband Corp Series C during the 3rd quarter valued at $166,000. Blair William & Co. IL bought a new position in Liberty Broadband Corp Series C during the 1st quarter valued at $180,000. Finally, Integrated Investment Consultants LLC boosted its stake in Liberty Broadband Corp Series C by 18,090.9% during the 2nd quarter. Integrated Investment Consultants LLC now owns 6,003 shares of the company’s stock valued at $184,000 after purchasing an additional 5,970 shares in the last quarter. Hedge funds and other institutional investors own 57.23% of the company’s stock.

Liberty Broadband Corp Series C Company Profile (NASDAQ:LBRDK)

Liberty Broadband Corporation, a cable operator, provides video, Internet, and voice services to residential and commercial customers in the United States. It operates through Skyhook and Charter segments. The Skyhook segment offers Precision Location Solution, a location determination service for mobile device makers, wireless carriers, and asset tracking platforms to understanding the precise geographic location and movement of mobile devices; enhancing the location determination capabilities of a hybrid location system.

Read More: Asset Allocation and Your Retirement

Receive News & Ratings for Liberty Broadband Corp Series C Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Broadband Corp Series C and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply