LBRDK Stock Summary and Trading Ideas (Liberty Broadband - Class C | NASDAQ:LBRDK)

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 C trades on the NASDAQ stock market under the symbol LBRDK.

As of December 12, 2024, LBRDK stock price climbed to $83.52 with 283,864 million shares trading.

LBRDK has a beta of 0.12, meaning it tends to be less sensitive to market movements. LBRDK has a correlation of 0.00 to the broad based SPY ETF.

LBRDK has a market cap of $11.93 billion. This is considered a Large Cap stock.

Last quarter Liberty Broadband - Class C reported $262 million in Revenue and $.99 earnings per share. This beat revenue expectation by $16 million and missed earnings estimates by -$1.26.

In the last 3 years, LBRDK traded as high as $164.82 and as low as $46.46.

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

LBRDK has underperformed the market in the last year with a price return of +9.2% while the SPY ETF gained +32.8%. However, in the short term, LBRDK had mixed performance relative to the market. It has outperformed in the last 3 months, returning +40.2% vs +9.7% return in SPY. But in the last 2 weeks, LBRDK shares have been beat by the market, returning -1.0% compared to an SPY return of +1.3%.

LBRDK support price is $79.78 and resistance is $83.08 (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 LBRDK shares will trade within this expected range on the day.