Liberty Broadband Corp Series A (NASDAQ:LBRDA)’s share price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $136.05 and last traded at $135.50, with a volume of 1029 shares trading hands. The stock had previously closed at $135.44.
LBRDA has been the subject of several recent analyst reports. TD Securities cut shares of Liberty Broadband Corp Series A from a “buy” rating to a “hold” rating in a report on Thursday, January 2nd. Deutsche Bank increased their price objective on shares of Liberty Broadband Corp Series A from $117.00 to $140.00 and gave the company a “buy” rating in a report on Wednesday, November 13th. Benchmark increased their price objective on shares of Liberty Broadband Corp Series A from $122.00 to $134.00 and gave the company a “buy” rating in a report on Monday, October 28th. Finally, TheStreet upgraded shares of Liberty Broadband Corp Series A from a “c” rating to a “b-” rating in a report on Friday, February 7th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $118.50.
The firm has a market cap of $24.54 billion, a P/E ratio of 615.39 and a beta of 1.20. The business’s fifty day moving average price is $128.95 and its two-hundred day moving average price is $114.65. The company has a current ratio of 4.29, a quick ratio of 4.29 and a debt-to-equity ratio of 0.05.
Liberty Broadband Corp Series A Company Profile (NASDAQ:LBRDA)
Liberty Broadband Corporation, a cable operator, provides video, Internet, and voice services to residential, and small and medium business customers in the United States. The company 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 understand the precise geographic location and movement of mobile devices, as well as for enhancing the location determination capabilities of a hybrid location system.
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