Liberty Global plc (NASDAQ:LBTYK) traded at a new 52-week high today of $30.23. Approximately 186,000 shares have changed hands today, as compared to an average 30-day volume of 2.3 million shares.
Liberty Global is one of the largest cable owners in Europe, with operations in the United Kingdom (50%-owned), Switzerland, Belgium (60%-owned), the Netherlands (50%-owned), Ireland, Poland, and Slovakia. The firm sold its businesses in Germany, Romania, Hungary, and the Czech Republic to Vodafone in 2019, generating $11 billion proceeds, and merged its U.K. business with wireless carrier O2 in June 2021. The firm’s operations serve about 5.5 million Internet access customers in the U.K., 1.7 million in Belgium, 1.1 million in Switzerland, and 3.4 million in the Netherlands. Liberty also provides wireless services in each of these four markets to a combined 41 million customers, including 27 million at O2.
In the past 52 weeks, shares of Liberty Global plc have traded between a low of $18.36 and a high of $30.23 and is now at $30.22, which is 65% above that low price.
Based on a current price of $30.22, Liberty Global plc is currently 113.9% above its average consensus analyst price target of $-4.21.
Receive IBN Spotlights – “Bite Size” Small, Mid and Large-Cap Technical Indicator Alerts
To stay connected with our complimentary IBN Spotlights, please visit https://IBN.fm/connected
About IBN (InvestorBrandNetwork)
IBN consists of 50+ trusted financial brands introduced to the investment public over the course of 15+ years. Through these brands, IBN provides (1) access to our Investor Press Release Wire Solutions via InvestorWire (IW) to reach all target markets, industries and demographics in the most effective manner possible; (2) article and Code Editorial Syndication to 5,000+ broadcast outlets; (3) enhanced press release solutions via IW to ensure maximum impact; (4) full-scale distribution to an enormous social media audience that includes millions of followers; and (5) a full array of corporate communications solutions focused on the IBN Podcast Series. With a proven track record serving 500+ client partners, IBN is the key to a more effective market communication campaign and the NEW normal.
For more information on IBN, please visit https://www.InvestorBrandNetwork.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer