Liberty Latin America Ltd. (NASDAQ:LILA - Get Free Report)'s stock price reached a new 52-week low during trading on Thursday . The company traded as low as $5.16 and last traded at $5.50, with a volume of 602106 shares trading hands. The stock had previously closed at $5.28.
Wall Street Analyst Weigh In
Separately, Barclays cut shares of Liberty Latin America from an "equal weight" rating to an "underweight" rating and decreased their price objective for the stock from $8.00 to $6.50 in a research report on Tuesday, February 25th.
Check Out Our Latest Stock Report on Liberty Latin America
Liberty Latin America Stock Performance
The stock has a market capitalization of $1.03 billion, a price-to-earnings ratio of -1.56 and a beta of 0.85. The company has a 50 day simple moving average of $6.53 and a 200-day simple moving average of $7.25. The company has a quick ratio of 1.06, a current ratio of 1.04 and a debt-to-equity ratio of 4.68.
Liberty Latin America (NASDAQ:LILA - Get Free Report) last issued its earnings results on Wednesday, February 19th. The company reported ($0.90) earnings per share (EPS) for the quarter. Liberty Latin America had a negative return on equity of 33.41% and a negative net margin of 14.74%. The company had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.15 billion. As a group, equities research analysts expect that Liberty Latin America Ltd. will post -0.22 EPS for the current fiscal year.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in LILA. UMB Bank n.a. raised its position in shares of Liberty Latin America by 37.5% during the first quarter. UMB Bank n.a. now owns 232,901 shares of the company's stock worth $1,474,000 after purchasing an additional 63,486 shares during the period. Sugar Maple Asset Management LLC acquired a new position in shares of Liberty Latin America during the first quarter valued at about $181,000. GAMMA Investing LLC increased its position in shares of Liberty Latin America by 1,315.2% during the first quarter. GAMMA Investing LLC now owns 15,496 shares of the company's stock worth $98,000 after acquiring an additional 14,401 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Liberty Latin America by 14.2% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 106,011 shares of the company's stock worth $674,000 after acquiring an additional 13,154 shares during the last quarter. Finally, State of Wyoming lifted its position in Liberty Latin America by 10.9% in the 4th quarter. State of Wyoming now owns 31,628 shares of the company's stock valued at $201,000 after acquiring an additional 3,100 shares in the last quarter. Institutional investors own 18.48% of the company's stock.
About Liberty Latin America
(
Get Free Report)
Liberty Latin America Ltd., together with its subsidiaries, provides fixed, mobile, and subsea telecommunications services. The company operates through C&W Caribbean, C&W Panama, Liberty Networks, Liberty Puerto Rico, and Liberty Costa Rico segments. It offers communications and entertainment services, including video, broadband internet, fixed-line, telephony, and mobiles services to residential and business customers; and business products and services that include enterprise-grade connectivity, data center, hosting, and managed solutions, as well as information technology solutions for small and medium enterprises, international companies, and governmental agencies.
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