Liberty Broadband Corporation (LBRDK) : 1 analysts are covering Liberty Broadband Corporation (LBRDK) and their average rating on the stock is 3, which is read as a Hold. A Zacks Investment Research rank of 2, which recommends a Buy affirms that they expect a large upside in the stock from the current levels. A total of 1 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Liberty Broadband Corporation (NASDAQ:LBRDK): After opening at $70.18, the stock dipped to an intraday low of $70.03 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $71.14 and the buying power remained strong till the end. The stock closed at $70.91 for the day, a gain of 0.88% for the day session. The total traded volume was 875,106. The stocks close on the previous trading day was $70.29.
Liberty Broadband Corporation holds ownership interests in Charter Communications, Inc. (Charter ) and TruePosition, Inc. (TruePosition), as well as a minority equity interest in Time Warner Cable Inc. (Time Warner Cable). Charter is a cable operator in the United States and provides advanced video, high-speed Internet, and telephone service to residential and business customers. TruePosition is a provider of mission-critical location based solutions enabling wireless carriers and government agencies to provide public safety E-9-1-1 services domestically and services in support of national security and law enforcement across the world. Time Warner Cable is a cable operator in the United States offering residential and commercial video, high-speed data and voice services over its broadband cable systems.