Liberty Global Plc (NASDAQ:LBTYK) has its shares plummet by -28.88% or $8.04 from its all-time high of $27.84, with LBTYK attaining that price back on July 18, 2019. The drop in the price of the shares saw it stand at $19.8 per share. LBTYK has been trading at a low of $18.92 over the past one year but it surged by 4.65% or $0.88 to reach the $19.8 mark. Following the massive rise in stock price, LBTYK received more attention from investors and analysts. On Monday, the stock plunged by 2.01%, which caused investors and analysts to excite about it. Following the plunge in price, the LBTYK beta stands at 0, implying that its volatility level has gone down by 1 back of the general market. A look at the stock’s 200-day moving average shows that it is -18.67% below while its 50-day moving average shows that it is currently -5.92% below. Compared to 2.72% average daily volatility of past month, the stock’s average volatility for this week has increased by 0.89 as the volatility level currently stands at 3.61%.
Over the past seven days, the stock has witnessed a price dip by -2.73%. This massive drop in stock price has caught the attention of both investors and market traders. The stock has performed poorly over the past 52 weeks, dropping by -11.41% during that time frame and is now down by -9.15% since this point this year. LBTYK has fell by -9.09% over the past 30 days, with its equity price losing% of its value over the past ninety days. These figures add up to see the stock record a shortfall of -27.34% over the past six months.
The stock’s technical analysis reveals that its 14-day Relative Strength Index (RSI) is currently in a neutral position as it was able to attain 41.78 points. The trading volume now standing at 3472268 shares. The increase of 212268 shares in trading volume shows that traders and investors have shown more interest in the stock over the past few weeks. During that trading session, the average trading volume of LBTYK was 3260000 shares, which is more than 1.07 times higher than its usual trading volume.
The stock is currently neutral as its Stochastic Oscillator (%D) is at 60.75%, which implies that a stability in price will be experienced for a while. Its shares P/S ratio is below the 1.54 industry average and below the 1.49 by the wider market, as BPY’s P/S ratio currently stands at 1. The stock’s estimated price-earnings (P/E) multiple is 10.69 which is also below the 12-month price-earnings (P/E) which stands at 13.55. Brookfield Property Partners L.P. has experienced a rise in its earnings, recording an increase rate of 7.2% in each quarter over the past five years.
The stock has an average rating of 2.6 which means that it has been rated as a Hold by most analysts. The stock is being covered by 2 analysts who gave a consensus recommendation of 2.6 which implies that it is currently in a neutral situation. Reuters looked into analysts covering Brookfield Property Partners L.P., and 0 of them believe that the stock is a Hold at the moment. 2 of the analysts rated it as a Buy or a Strong Buy while the remaining analysts (0) rated it as a sell at the moment.