Positive News Coverage Somewhat Unlikely to Impact Liberty Broadband (NASDAQ:LBRDK) Stock Price

Media coverage about Liberty Broadband (NASDAQ:LBRDK) has trended positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Liberty Broadband earned a coverage optimism score of 0.29 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 45.1359774390053 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Separately, Zacks Investment Research lowered Liberty Broadband from a “hold” rating to a “sell” rating in a research note on Friday, October 20th.

Shares of Liberty Broadband (NASDAQ LBRDK) traded down $1.73 during trading hours on Tuesday, reaching $91.56. The company’s stock had a trading volume of 113,229 shares, compared to its average volume of 723,172. Liberty Broadband has a 52-week low of $80.41 and a 52-week high of $104.66. The company has a market capitalization of $17,620.78, a PE ratio of 932.99 and a beta of 1.36. The company has a quick ratio of 11.64, a current ratio of 11.64 and a debt-to-equity ratio of 0.06.

In other Liberty Broadband news, Director John E. Welsh III bought 2,000 shares of the firm’s stock in a transaction dated Friday, December 22nd. The shares were bought at an average price of $85.50 per share, for a total transaction of $171,000.00. Following the completion of the acquisition, the director now owns 5,000 shares of the company’s stock, valued at $427,500. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 10.80% of the company’s stock.

TRADEMARK VIOLATION WARNING: This report was published by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this report on another publication, it was stolen and republished in violation of international copyright & trademark laws. The original version of this report can be viewed at https://www.dispatchtribunal.com/2018/02/06/favorable-news-coverage-somewhat-unlikely-to-affect-liberty-broadband-lbrdk-share-price.html.

Liberty Broadband Company Profile

Liberty Broadband Corporation holds interest in Charter Communications, Inc (Charter) and its subsidiary Skyhook Holding, Inc (Skyhook). The Company’s segments include Skyhook, Charter, and Corporate and other. Skyhook provides a wireless fidelity (Wi-Fi)-based location platform focused on providing positioning technology and contextual location intelligence solutions.

Insider Buying and Selling by Quarter for Liberty Broadband (NASDAQ:LBRDK)

Receive News & Ratings for Liberty Broadband Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Broadband and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply