Market Insights: Liberty Broadband Corp (LBRDK)’s Notable Drop of -1.24, Closing at 49.39

In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.

As of close of business last night, Liberty Broadband Corp’s stock clocked out at $49.39, down -1.24% from its previous closing price of $50.01. In other words, the price has decreased by -$1.24 from its previous closing price. On the day, 1.08 million shares were traded. LBRDK stock price reached its highest trading level at $49.64 during the session, while it also had its lowest trading level at $48.16.

Ratios:

To gain a deeper understanding of LBRDK’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.42 and its Current Ratio is at 2.42. In the meantime, Its Debt-to-Equity ratio is 0.43 whereas as Long-Term Debt/Eq ratio is at 0.42.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 7066177536 and an Enterprise Value of 11044139008. As of this moment, Liberty’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.49, and their Forward P/E ratio for the next fiscal year is 5.53. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.20 while its Price-to-Book (P/B) ratio in mrq is 0.79. Its current Enterprise Value per Revenue stands at 11.258 whereas that against EBITDA is 36.449.

Stock Price History:

Over the past 52 weeks, LBRDK has reached a high of $95.68, while it has fallen to a 52-week low of $47.87. The 50-Day Moving Average of the stock is -11.35%, while the 200-Day Moving Average is calculated to be -36.07%.

Shares Statistics:

It appears that LBRDK traded 1.42M shares on average per day over the past three months and 976180 shares per day over the past ten days. A total of 123.70M shares are outstanding, with a floating share count of 113.01M. Insiders hold about 20.93% of the company’s shares, while institutions hold 80.51% stake in the company. Shares short for LBRDK as of 1713139200 were 4263853 with a Short Ratio of 3.00, compared to 1710460800 on 5922800. Therefore, it implies a Short% of Shares Outstanding of 4263853 and a Short% of Float of 3.7600000000000002.

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