Liberty Latin America (NASDAQ:LILA) Stock Price Passes Above 50-Day Moving Average - What's Next?

Liberty Latin America Ltd. (NASDAQ:LILA - Get Free Report) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $6.69 and traded as high as $6.84. Liberty Latin America shares last traded at $6.67, with a volume of 257,872 shares traded.

Liberty Latin America Stock Down 3.5 %

The business's fifty day simple moving average is $6.69 and its two-hundred day simple moving average is $8.46. The company has a market cap of $1.27 billion, a PE ratio of -2.21 and a beta of 1.04. The company has a debt-to-equity ratio of 4.31, a current ratio of 1.06 and a quick ratio of 1.06.

Liberty Latin America (NASDAQ:LILA - Get Free Report) last announced its earnings results on Wednesday, November 6th. The company reported ($2.22) earnings per share (EPS) for the quarter. The business had revenue of $1.09 billion for the quarter, compared to analysts' expectations of $1.11 billion. Liberty Latin America had a negative net margin of 13.02% and a negative return on equity of 27.22%. During the same quarter last year, the business earned $0.29 EPS. On average, analysts predict that Liberty Latin America Ltd. will post -2.43 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Brendan J. Paddick acquired 35,475 shares of Liberty Latin America stock in a transaction on Tuesday, November 26th. The stock was purchased at an average cost of $7.04 per share, with a total value of $249,744.00. Following the purchase, the director now directly owns 1,273,443 shares in the company, valued at approximately $8,965,038.72. The trade was a 2.87 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last ninety days, insiders bought 156,298 shares of company stock worth $1,043,886. Insiders own 11.35% of the company's stock.

Hedge Funds Weigh In On Liberty Latin America

A number of large investors have recently made changes to their positions in LILA. FMR LLC lifted its holdings in shares of Liberty Latin America by 60,327.0% during the 3rd quarter. FMR LLC now owns 2,160,869 shares of the company's stock valued at $20,701,000 after acquiring an additional 2,157,293 shares in the last quarter. Banco Santander S.A. grew its holdings in Liberty Latin America by 47.8% during the 3rd quarter. Banco Santander S.A. now owns 800,000 shares of the company's stock worth $7,664,000 after acquiring an additional 258,631 shares in the last quarter. UMB Bank n.a. raised its stake in Liberty Latin America by 2,129.7% during the fourth quarter. UMB Bank n.a. now owns 169,415 shares of the company's stock valued at $1,077,000 after buying an additional 161,817 shares in the last quarter. MassMutual Private Wealth & Trust FSB acquired a new stake in shares of Liberty Latin America during the 4th quarter valued at approximately $753,000. Finally, Zacks Investment Management bought a new stake in shares of Liberty Latin America during the 3rd quarter valued at about $648,000. Hedge funds and other institutional investors own 18.48% of the company's stock.

Liberty Latin America Company Profile

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.