Daily Market Movement: Liberty Broadband Corp (LBRDK) Sees a -3.18 Decrease, Closing at 52.66

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The closing price of Liberty Broadband Corp (NASDAQ: LBRDK) was $52.66 for the day, down -3.18% from the previous closing price of $54.39. In other words, the price has decreased by -$3.18 from its previous closing price. On the day, 1.13 million shares were traded. LBRDK stock price reached its highest trading level at $54.67 during the session, while it also had its lowest trading level at $52.44.

Ratios:

Our analysis of LBRDK’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.81 and its Current Ratio is at 1.81. In the meantime, Its Debt-to-Equity ratio is 0.40 whereas as Long-Term Debt/Eq ratio is at 0.40.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Apr 08 ’24 when WARGO J DAVID sold 15,000 shares for $51.98 per share. The transaction valued at 779,732 led to the insider holds 72,332 shares of the business.

WARGO J DAVID sold 10,000 shares of LBRDK for $514,289 on Apr 05 ’24. The Director now owns 87,332 shares after completing the transaction at $51.43 per share. On Mar 07 ’24, another insider, WARGO J DAVID, who serves as the Director of the company, sold 9,000 shares for $56.80 each. As a result, the insider received 511,204 and left with 97,332 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LBRDK now has a Market Capitalization of 7511632896 and an Enterprise Value of 11669500928. As of this moment, Liberty’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.89, and their Forward P/E ratio for the next fiscal year is 7.35. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.68 while its Price-to-Book (P/B) ratio in mrq is 0.82. Its current Enterprise Value per Revenue stands at 11.908 whereas that against EBITDA is 38.011.

Stock Price History:

The Beta on a monthly basis for LBRDK is 1.01, which has changed by -0.3613099 over the last 52 weeks, in comparison to a change of 0.2553556 over the same period for the S&P500. Over the past 52 weeks, LBRDK has reached a high of $95.68, while it has fallen to a 52-week low of $46.46. The 50-Day Moving Average of the stock is 0.98%, while the 200-Day Moving Average is calculated to be -22.66%.

Shares Statistics:

LBRDK traded an average of 1.20M shares per day over the past three months and 950170 shares per day over the past ten days. A total of 123.70M shares are outstanding, with a floating share count of 112.95M. Insiders hold about 20.93% of the company’s shares, while institutions hold 79.24% stake in the company. Shares short for LBRDK as of 1718323200 were 3799855 with a Short Ratio of 3.18, compared to 1715731200 on 4520885. Therefore, it implies a Short% of Shares Outstanding of 3799855 and a Short% of Float of 3.35.

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