Company Shares of Liberty Broadband Corporation Drops by -1.49%

Liberty Broadband Corporation (NASDAQ:LBRDK) has tumbled 1.49% during the past week and has dropped 0.03% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 0.31%. Liberty Broadband Corporation (NASDAQ:LBRDK) has underperformed the index by 0.95% in the last 4 weeks. Investors should watch out for further signals and trade with caution.

Liberty Broadband Corporation (NASDAQ:LBRDK): The stock opened at $59.48 on Friday but the bulls could not build on the opening and the stock topped out at $59.91 for the day. The stock traded down to $59.05 during the day, due to lack of any buying support eventually closed down at $59.38 with a loss of -0.18% for the day. The stock had closed at $59.49 on the previous day. The total traded volume was 4,671,813 shares.

The company shares have rallied 13.73% from its 1 Year high price. On Jun 13, 2016, the shares registered one year high at $60.46 and the one year low was seen on Feb 10, 2016. The 50-Day Moving Average price is $58.73 and the 200 Day Moving Average price is recorded at $53.62.

In the past twelve weeks, the net percent change held by company insiders has changed by -1.55% . Institutional Investors own 84.57% of Liberty Broadband Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -3.93%.

Liberty Broadband Corporation holds ownership interests in Charter Communications, Inc. (Charter ) and TruePosition, Inc. (TruePosition), as well as a minority equity interest in Time Warner Cable Inc. (Time Warner Cable). Charter is a cable operator in the United States and provides advanced video, high-speed Internet, and telephone service to residential and business customers. TruePosition is a provider of mission-critical location based solutions enabling wireless carriers and government agencies to provide public safety E-9-1-1 services domestically and services in support of national security and law enforcement across the world. Time Warner Cable is a cable operator in the United States offering residential and commercial video, high-speed data and voice services over its broadband cable systems.

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