Liberty Global plc (LBTYA) : Traders are bullish on Liberty Global plc (LBTYA) as it has outperformed the S&P 500 by a wide margin of 3.3% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.18%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.12% in the last 1 week, and is up 6.77% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 4.47% and the 50-Day Moving Average is 4.76%. Liberty Global plc has dropped 15.96% during the last 3-month period . Year-to-Date the stock performance stands at -25.14%.
Liberty Global plc (NASDAQ:LBTYA): stock turned positive on Friday. Though the stock opened at $31.26, the bulls momentum made the stock top out at $31.77 level for the day. The stock recorded a low of $30.92 and closed the trading day at $31.71, in the green by 1.73%. The total traded volume for the day was 2,639,489. The stock had closed at $31.17 in the previous days trading.
Also, Citigroup maintains its rating on Liberty Global plc (NASDAQ:LBTYA). The global brokerage major lowers the current price target from $54 per share to $50 per share. Analysts at the Citigroup have a current rating of Buy on the shares. The rating by the firm was issued on May 13, 2016.