Liberty Global Inc. (LBTYA): Today's Featured Media Loser
(
) pushed the Media industry lower today making it today's featured Media loser. The industry as a whole closed the day down 2%. By the end of trading, Liberty Global Inc fell 96 cents (-2.3%) to $40.18 on light volume. Throughout the day, 1.2 million shares of Liberty Global Inc exchanged hands as compared to its average daily volume of 2.1 million shares. The stock ranged in price between $40.18-$40.92 after having opened the day at $40.47 as compared to the previous trading day's close of $41.14. Other company's within the Media industry that declined today were:
(
), down 13.1%,
(
), down 9.8%,
(
), down 9.6%, and
(
), down 9.1%.
Liberty Global, Inc. provides video, broadband Internet, and telephony services primarily in Europe, Chile, and Australia. Liberty Global Inc has a market cap of $6.2 billion and is part of the
sector. The company has a P/E ratio of 40.2, above the average media industry P/E ratio of 38 and above the S&P 500 P/E ratio of 17.7. Shares are up 20.8% year to date as of the close of trading on Friday.
TheStreet Ratings rates Liberty Global as a
. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, robust revenue growth and good cash flow from operations. However, as a counter to these strengths, we find that the company has not been very careful in the management of its balance sheet.
- You can view the full Liberty Global Ratings Report.
On the positive front,
(
), up 15.2%,
(
), up 10.3%,
(
), up 5.2%, and
(
), up 4.3%, were all gainers within the media industry with
(
) being today's featured media industry winner.
- Use our media section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the media industry could consider
(
) while those bearish on the media industry could consider
ProShares Ultra Sht Consumer Services
(
).
- Find other investment ideas from our top rated ETFs lists.
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