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Libbey shares: analyst consensus of Buy

Libbey, Inc. shares lost 2.29% during last week and have dropped 9.72% in the last 4 weeks

The shares are however, negative as compared to the S&P 500 for the past week with a loss of 0.08%. Libbey has underperformed the index by 8.77% in the last 4 weeks. Investors are being advised to watch for further signals and trade with caution. For the current week, the company shares have a recommendation consensus of Buy.

Libbey Inc. has dropped 7.77% during the last 3-month period. Year-to-Date the stock performance stands at 18.65%. The company shares have rallied 64.43% in the past 52 Weeks. On June 23 the shares registered one-year high of $42.04 and one-year low on July 28, 2014 at $22.36. The 50-day moving average is $40.09 and the 200-day moving average is recorded at $38.19. S&P 500 has rallied 5.09% during the last 52-weeks.

Libbey saw a decline in the market cap on Friday as its shares dropped 1.62% or 0.61 points. After the session commenced at $37.54, the stock reached the higher end at $38 while it hit a low of $36.99. With the volume peaking at 128,534 shares, the last trade was called at $37.08. The company has a 52-week high of $42.04. The company has a market cap of $810 million and there are 21,844,000 shares in outstanding. The 52-week low of the share price is $22.36.

The Company has recently disclosed insider buying and selling activities. Susan A Kovach, Officer (VP, General Counsel & Secretary) of Libbey Inc, unloaded 2,870 shares at an average price of $36.85 on March 13, 2015. The total amount of the transaction was worth $105,760. Currently company insiders own 2.6% of Libbey Inc. shares. In the past six months, there is a change of 2.91% in the total insider ownership. Institutional Investors own 85.6% of Company shares. During the last 3-month period, 0.31% of total institutional ownership has changed in the company shares.

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