LBTYK Stock Summary and Trading Ideas (Liberty Global Ltd. - Class C Common Shares | NASDAQ:LBTYK)

Liberty Global is a holding company with interests in several telecom companies in the U.K., Netherlands, Belgium, Switzerland, Ireland, and Slovakia. Liberty is the owner of the main cable network in each of these geographies and has pursued a strategy since 2016 to merge or partner with mobile-network-operators to be able to offer converged services. Liberty also owns minority stakes in other media, entertainment, and cloud companies.

Liberty Global Ltd. - Class C Common Shares trades on the NASDAQ stock market under the symbol LBTYK.

As of April 23, 2024, LBTYK stock price climbed to $17.28 with 2,479,346 million shares trading.

LBTYK has a beta of 0.78, meaning it tends to be less sensitive to market movements. LBTYK has a correlation of 0.13 to the broad based SPY ETF.

LBTYK has a market cap of $6.53 billion. This is considered a Mid Cap stock.

In the last 3 years, LBTYK stock traded as high as $30.49 and as low as $16.16.

The top ETF exchange traded funds that LBTYK belongs to (by Net Assets): VXF, SCHM, VLUE, VOX, FNDX.

LBTYK has underperformed the market in the last year with a return of -12.2%, while the SPY ETF gained +24.3%. In the last 3 month period, LBTYK fell short of the market, returning -16.1%, while SPY returned +4.9%. However, in the most recent 2 weeks LBTYK has outperformed the stock market by returning -2.2%, while SPY returned -2.5%.

LBTYK support price is $16.71 and resistance is $17.37 (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 LBTYK stock will trade within this expected range on the day.