Liberty Global Reaches New 52-Week High (LBTYK)

NEW YORK ( TheStreet) -- Liberty Global (Nasdaq: LBTYK) hit a new 52-week high Thursday as it is currently trading at $76.74, above its previous 52-week high of $76.66 with 346,904 shares traded as of 10:46 a.m. ET. Average volume has been 1.2 million shares over the past 30 days.

Liberty Global has a market cap of $7.91 billion and is part of the services sector and media industry. Shares are up 27.7% year to date as of the close of trading on Wednesday.

Liberty Global plc, an international cable company, provides television, broadband Internet, and telephony services.

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TheStreet Ratings rates Liberty Global as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, compelling growth in net income, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full Liberty Global Ratings Report.

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