Liberty Latin America Ltd. (NASDAQ:LILA - Get Free Report) shares hit a new 52-week low on Tuesday . The stock traded as low as $5.12 and last traded at $5.31, with a volume of 74851 shares traded. The stock had previously closed at $5.24.
Analyst Upgrades and Downgrades
Separately, Barclays lowered shares of Liberty Latin America from an "equal weight" rating to an "underweight" rating and cut their price objective for the company from $8.00 to $6.50 in a report on Tuesday, February 25th.
Check Out Our Latest Report on Liberty Latin America
Liberty Latin America Price Performance
The company has a market cap of $1.09 billion, a PE ratio of -1.65 and a beta of 0.85. The company has a quick ratio of 1.06, a current ratio of 1.04 and a debt-to-equity ratio of 4.68. The firm has a 50 day simple moving average of $6.25 and a 200-day simple moving average of $7.04.
Liberty Latin America (NASDAQ:LILA - Get Free Report) last announced its earnings results on Wednesday, February 19th. The company reported ($0.90) earnings per share for the quarter. The firm had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.15 billion. Liberty Latin America had a negative net margin of 14.74% and a negative return on equity of 33.41%. As a group, research analysts predict that Liberty Latin America Ltd. will post -0.22 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the business. KLP Kapitalforvaltning AS acquired a new position in shares of Liberty Latin America during the fourth quarter valued at about $37,000. EntryPoint Capital LLC acquired a new position in Liberty Latin America in the 4th quarter worth approximately $69,000. Marshall Wace LLP purchased a new position in Liberty Latin America during the 4th quarter worth approximately $77,000. Price T Rowe Associates Inc. MD boosted its holdings in shares of Liberty Latin America by 12.8% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 12,503 shares of the company's stock valued at $80,000 after acquiring an additional 1,422 shares during the last quarter. Finally, SG Americas Securities LLC raised its holdings in shares of 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 purchasing an additional 2,002 shares during the last quarter. 18.48% of the stock is owned by institutional investors and hedge funds.
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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