Liberty Latin America (NASDAQ:LILA) Sets New 1-Year Low - Here's What Happened

Liberty Latin America Ltd. (NASDAQ:LILA - Get Free Report) shares reached a new 52-week low on Friday . The company traded as low as $5.68 and last traded at $5.72, with a volume of 249421 shares. The stock had previously closed at $6.18.

Wall Street Analyst Weigh In

Separately, Barclays cut shares of Liberty Latin America from an "equal weight" rating to an "underweight" rating and dropped their price objective for the company from $8.00 to $6.50 in a research note on Tuesday, February 25th.

Liberty Latin America Price Performance

The company has a debt-to-equity ratio of 4.68, a quick ratio of 1.06 and a current ratio of 1.04. The company has a 50-day moving average of $6.59 and a 200 day moving average of $7.36. The firm has a market cap of $1.08 billion, a P/E ratio of -1.65 and a beta of 0.85.

Liberty Latin America (NASDAQ:LILA - Get Free Report) last issued its quarterly earnings data on Wednesday, February 19th. The company reported ($0.90) earnings per share for the quarter. Liberty Latin America had a negative return on equity of 33.41% and a negative net margin of 14.74%. The firm had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.15 billion. On average, sell-side analysts anticipate that Liberty Latin America Ltd. will post -0.22 EPS for the current year.

Institutional Trading of Liberty Latin America

Several hedge funds have recently bought and sold shares of the stock. Price T Rowe Associates Inc. MD lifted its position in Liberty Latin America by 12.8% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 12,503 shares of the company's stock worth $80,000 after buying an additional 1,422 shares in the last quarter. Searchlight Capital Partners L.P. increased its position in shares of Liberty Latin America by 3.3% in the fourth quarter. Searchlight Capital Partners L.P. now owns 45,708 shares of the company's stock valued at $291,000 after acquiring an additional 1,444 shares during the last quarter. SG Americas Securities LLC raised its holdings in Liberty Latin America by 15.9% during the fourth quarter. SG Americas Securities LLC now owns 14,560 shares of the company's stock worth $93,000 after acquiring an additional 2,002 shares in the last quarter. Barclays PLC boosted its position in Liberty Latin America by 4.3% during the fourth quarter. Barclays PLC now owns 73,416 shares of the company's stock valued at $467,000 after purchasing an additional 2,997 shares during the last quarter. Finally, State of Wyoming grew its stake in Liberty Latin America by 10.9% in the fourth quarter. State of Wyoming now owns 31,628 shares of the company's stock valued at $201,000 after purchasing an additional 3,100 shares in the last quarter. 18.48% of the stock is currently owned by institutional investors and hedge funds.

About Liberty Latin America

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.