Liberty Broadband Corporation engages in the communications businesses. It operates through GCI Holdings and Charter segments. The GCI Holdings segment provides a range of wireless, data, video, voice, and managed services to residential customers, businesses, governmental entities, and educational and medical institutions primarily in Alaska under the GCI brand. The Charter segment offers subscription-based video services comprising video on demand, high-definition television, and digital video recorder service; local and long-distance calling, voicemail, call waiting, caller ID, call forwarding, and other voice services, as well as international calling services; and Spectrum TV. It also provides internet services, including an in-home Wi-Fi product that provides customers with high-performance wireless routers and managed Wi-Fi services; advanced community Wi-Fi; mobile internet; and a security suite that offers protection against computer viruses and spyware. In addition, this segment offers internet access, data networking, fiber connectivity to cellular towers and office buildings, video entertainment, and business telephone services; advertising services on cable television networks and digital outlets; and operates regional sports and news networks. Liberty Broadband Corporation was incorporated in 2014 and is based in Englewood, Colorado.
Liberty Broadband Price Performance
Shares of LBRDA Stock traded up $1.22 on Wednesday, reaching $115.61. The company had a trading volume of 495,985 shares, compared to its average volume of 274,368. The stock has a market capitalization of $18.82 billion, a PE ratio of 14.38 and a beta of 0.96. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.42. Liberty Broadband has a one year low of $99.52 and a one year high of $188.76. The business's 50-day moving average is $113.97 and its 200 day moving average is $125.27.
Analyst Upgrades and Downgrades
Several research firms recently weighed in on LBRDA. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Liberty Broadband from $196.00 to $158.00 in a research report on Tuesday, May 10th. Benchmark dropped their target price on shares of Liberty Broadband to $201.00 in a report on Friday, May 20th. Credit Suisse Group dropped their target price on shares of Liberty Broadband to $175.00 in a report on Tuesday. Finally, TheStreet cut shares of Liberty Broadband from a "b-" rating to a "c+" rating in a report on Wednesday, May 11th.