Liberty Global plc (NASDAQ:LBTYA) has tumbled 5.52% during the past week and has dropped 5.06% 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 4.39%. Liberty Global plc (NASDAQ:LBTYA) has underperformed the index by 5.92% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Liberty Global plc (NASDAQ:LBTYA): The stock opened at $35.07 on Friday but the bulls could not build on the opening and the stock topped out at $35.30 for the day. The stock traded down to $34.43 during the day, due to lack of any buying support eventually closed down at $34.55 with a loss of -1.40% for the day. The stock had closed at $35.04 on the previous day. The total traded volume was 3,234,477 shares.
The company shares have dropped -39.52% from its 1 Year high price. On Jun 23, 2015, the shares registered one year high at $57.87 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $37.08 and the 200 Day Moving Average price is recorded at $37.47.
Many analysts have stated their opinion on the company shares. Major Brokerage house, Citigroup maintains its ratings on Liberty Global plc (NASDAQ:LBTYA). In the latest research report, Citigroup lowers the target price from $54 per share to $50 per share. According to the latest information available, the shares are now rated Buy by the analysts at the agency. The rating by the firm was issued on May 13, 2016. Currently the company Insiders own 3.75% of Liberty Global plc shares according to the proxy statements. Institutional Investors own 24.2% of Liberty Global plc shares.