Liberty Broadband Corp (NASDAQ:LBRDK) price on Friday, March 21, rose 0.18% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $83.69.
A look at the stock’s price movement, the close in the last trading session was $83.54, moving within a range at $82.23 and $84.07. The beta value (5-Year monthly) was 1.061 while the PE ratio in trailing twelve months stood at 13.77. Turning to its 52-week performance, $101.50 and $46.46 were the 52-week high and 52-week low respectively. Overall, LBRDK moved 2.66% over the past month.
Liberty Broadband Corp’s market cap currently stands at around $11.98 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-26.
Turning to the stock’s technical picture we see that short term indicators suggest on average that LBRDK is a 100% Buy. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 2 analyst(s) rate the stock as a Hold, 0 recommend LBRDK as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
LBRDK’s current price about 1.17% and 4.63% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 55.69, while 7-day volatility ratio is 2.41% and 3.29% in the 30-day chart. Further, Liberty Broadband Corp (LBRDK) has a beta value of 1.05, and an average true range (ATR) of 2.50. Analysts have given the company’s stock an average 52-week price target of $145, forecast between a low of $145 and high of $145. Looking at the price targets, the low is -73.26% off current price level while to achieve the yearly target high, price needs to move -73.26%. Nonetheless, investors will most likely welcome a -73.26% jump to $145 which is the analysts’ median price.
If we refocus on Liberty Broadband Corp (NASDAQ:LBRDK), historical trading data shows that trading volumes averaged 0.87 over the past 10 days and 836.39K over the past 3 months. The company’s latest data on shares outstanding shows there are 123.02 million shares.
The 20.71% of Liberty Broadband Corp’s shares are in the hands of company insiders while institutional holders own 80.75% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 4.12 million on 2025-02-28, giving us a short ratio of 4.96. Current price change has pushed the stock 11.94% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the LBRDK stock continues to rise going into the next quarter.
