Liberty Global plc (LBTYA) has been under a strong bear grip, hence the stock is down -0.17% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.22% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.27% in the last 1 week, and is up 0.86% 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 0.09% and the 50-Day Moving Average is 2.38%. Liberty Global plc (NASDAQ:LBTYA): On Fridays trading session , Opening price of the stock was $31.46 with an intraday high of $31.95. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $31.35. However, the stock managed to close at $31.53, a loss of 0.19% for the day. On the previous day, the stock had closed at $31.59. The total traded volume of the day was 932,829 shares.
The company Insiders own 3.75% of Liberty Global plc shares according to the proxy statements. Institutional Investors own 23.32% of Liberty Global plc shares. Also, In the latest statement by the brokerage house, Citigroup maintains its outlook on Liberty Global plc (NASDAQ:LBTYA). The current rating of the shares is Buy, according to the research report released by the firm. The brokerage firm lowers the price target from $54 per share to $50 per share. The rating by the firm was issued on May 13, 2016.