Liberty Global (LBTYB) stock rises 218% in just a couple hours. This is similarly just like Liberty TripAdvisors Class B Shares which rose over 100% a month ago and Discovery Class B shares a few hours ago.
Liberty Global, is an international television and broadband company, which engages in the provision of broadband communications services. It operates through the following geographical segments: U.K. and Ireland; Belgium; Switzerland; Central and Eastern Europe; and Central and Corporate. Its products include broadband, WiFi, connectivity products, TV platforms, and TV content.
Liberty Global is the largest broadband internet service provider outside the US.
Liberty Global (LBTYB) Stock Analysis Summary
LBTYB’s previous close is $19.42, the stock opened at $19.12 with a current share price of $36.31 which equates to a 40% increase in the last trading day.
The day’s range of possibility ranges from $18 to $23 with a 52 week range of $16 to $29. Discovery has a volume of 9.1M shares with an average volume of 2M shares.
Analysts predict that the stock is undervalued and may be reaching a price of over $75.
Liberty Global (LBTYB): Should you invest now?
Shares of LBTYB, overall, appear to be a very good investment option, with Wall Street analysts expecting its price to rise considerably in the next several years. The majority of the metrics point to this investment being highly attractive.