LBRDA Stock Summary and Trading Ideas (Liberty Broadband - Class A | NASDAQ:LBRDA)

Liberty Broadband Corp serves in the telecommunications industry in the United States. It provides cable services to both residential and small to medium businesses through its fiber, hybrid fiber, and coaxial cable infrastructure. The services provided by the company are residential services which include video services, internet services, voice services, and mobile services, commercial services which include small, and medium business and enterprise solutions, advertising services, and other services. The reportable segments of the company are GCI Holdings, Charter. The firm derives the majority of its revenue from GCI Holdings.

Liberty Broadband - Class A trades on the NASDAQ stock market under the symbol LBRDA.

As of April 19, 2024, LBRDA stock price climbed to $49.92 with 49,358 million shares trading.

LBRDA has a beta of 1.42, meaning it tends to be more sensitive to market movements. LBRDA has a correlation of 0.16 to the broad based SPY ETF.

LBRDA has a market cap of $7.13 billion. This is considered a Mid Cap stock.

In the last 3 years, LBRDA stock traded as high as $188.76 and as low as $47.97.

The top ETF exchange traded funds that LBRDA belongs to (by Net Assets): VTI, VXF, VB, VO, VBK.

LBRDA has underperformed the market in the last year with a price return of -36.4% while the SPY ETF gained +21.2%. LBRDA has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -34.5% and -4.5%, respectively, while the SPY returned +4.2% and -3.5%, respectively.

LBRDA support price is $48.17 and resistance is $50.07 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that LBRDA stock will trade within this expected range on the day.