Latam Logistic Properties (NYSEAMERICAN:LPA) Stock Price Down 2.4% - What's Next?

Latam Logistic Properties, S.A. (NYSEAMERICAN:LPA - Get Free Report) shares were down 2.4% on Tuesday . The stock traded as low as $10.40 and last traded at $10.79. Approximately 16,704 shares were traded during mid-day trading, a decline of 39% from the average daily volume of 27,445 shares. The stock had previously closed at $11.05.

Latam Logistic Properties Stock Down 6.5 %

The company has a current ratio of 1.76, a quick ratio of 1.76 and a debt-to-equity ratio of 0.98. The stock has a fifty day simple moving average of $10.49 and a two-hundred day simple moving average of $16.73.

Institutional Trading of Latam Logistic Properties

A hedge fund recently bought a new stake in Latam Logistic Properties stock. Atlas Merchant Capital LLC bought a new position in Latam Logistic Properties, S.A. (NYSEAMERICAN:LPA - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 112,500 shares of the company's stock, valued at approximately $1,181,000. Atlas Merchant Capital LLC owned 0.35% of Latam Logistic Properties as of its most recent SEC filing. Hedge funds and other institutional investors own 42.71% of the company's stock.

Latam Logistic Properties Company Profile

Logistic Properties of the Americas develops, owns, manages, and operates industrial and logistics real estate properties in Costa Rica, Colombia, and Peru. Its customers include third party logistics, retailer, consumer goods distribution, and others. The company is based in Miami, Florida.