Liberty Broadband Corp (NASDAQ: LBRDK) on Tuesday, soared 0.30% from the previous trading day, before settling in for the closing price of $49.86. Within the past 52 weeks, LBRDK’s price has moved between $47.87 and $95.68.
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Annual sales at Communication Services sector company grew by 411.16% over the past five years. The company achieved an average annual earnings per share of 85.83%. With a float of $113.01 million, this company’s outstanding shares have now reached $123.70 million.
Let’s look at the performance matrix of the company that is accounted for 1900 employees.
Liberty Broadband Corp (LBRDK) Insider and Institutional Ownership
Observing investor behavior towards Telecom Services industry stocks is more important than anything else. The insider ownership of Liberty Broadband Corp is 20.93%, while institutional ownership is 81.28%. The most recent insider transaction that took place on Apr 08 ’24, was worth 779,732. In this transaction Director of this company sold 15,000 shares at a rate of $51.98, taking the stock ownership to the 72,332 shares. Before that another transaction happened on Apr 05 ’24, when Company’s Director sold 10,000 for $51.43, making the entire transaction worth $514,289. This insider now owns 87,332 shares in total.
Liberty Broadband Corp (LBRDK) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 85.83% per share during the next fiscal year.
Liberty Broadband Corp (NASDAQ: LBRDK) Trading Performance Indicators
Liberty Broadband Corp (LBRDK) is currently performing well based on its current performance indicators. A quick ratio of 2.42 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.29.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.71, a number that is poised to hit 2.24 in the next quarter and is forecasted to reach 8.93 in one year’s time.
Technical Analysis of Liberty Broadband Corp (LBRDK)
Liberty Broadband Corp (NASDAQ: LBRDK) saw its 5-day average volume 0.95 million, a negative change from its year-to-date volume of 1.29 million. As of the previous 9 days, the stock’s Stochastic %D was 53.97%. Additionally, its Average True Range was 1.51.
During the past 100 days, Liberty Broadband Corp’s (LBRDK) raw stochastic average was set at 5.80%, which indicates a significant decrease from 32.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.17% in the past 14 days, which was lower than the 44.37% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $55.95, while its 200-day Moving Average is $77.41. Nevertheless, the first resistance level for the watch stands at $50.76 in the near term. At $51.50, the stock is likely to face the second major resistance level. The third major resistance level sits at $52.01. If the price goes on to break the first support level at $49.51, it is likely to go to the next support level at $49.00. The third support level lies at $48.26 if the price breaches the second support level.
Liberty Broadband Corp (NASDAQ: LBRDK) Key Stats
Market capitalization of the company is 7.15 billion based on 142,926K outstanding shares. Right now, sales total 981,000 K and income totals 688,000 K. The company made 250,000 K in profit during its latest quarter, and 205,000 K in sales during its previous quarter.
