Liberty Latin America Ltd. (NASDAQ:LILA - Get Free Report) shares crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $9.65 and traded as high as $10.77. Liberty Latin America shares last traded at $10.40, with a volume of 545,828 shares traded.
Analysts Set New Price Targets
Several equities analysts recently commented on LILA shares. The Goldman Sachs Group downgraded shares of Liberty Latin America from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, September 4th. Scotiabank cut shares of Liberty Latin America from a "strong-buy" rating to a "hold" rating in a report on Thursday, July 18th.
Read Our Latest Analysis on LILA
Liberty Latin America Trading Down 20.8 %
The company has a market capitalization of $1.62 billion, a price-to-earnings ratio of -19.62 and a beta of 1.12. The firm has a fifty day moving average price of $9.63 and a 200-day moving average price of $9.25. The company has a debt-to-equity ratio of 3.46, a quick ratio of 1.09 and a current ratio of 1.09.
Liberty Latin America (NASDAQ:LILA - Get Free Report) last released its earnings results on Tuesday, August 6th. The company reported ($0.22) EPS for the quarter. Liberty Latin America had a negative net margin of 1.91% and a negative return on equity of 3.75%. The firm had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.13 billion. During the same period in the prior year, the business earned $0.17 earnings per share. As a group, equities analysts anticipate that Liberty Latin America Ltd. will post -0.15 EPS for the current year.
Insider Activity at Liberty Latin America
In other Liberty Latin America news, CAO Brian D. Zook sold 26,197 shares of the firm's stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of $9.58, for a total value of $250,967.26. Following the sale, the chief accounting officer now owns 28,788 shares of the company's stock, valued at approximately $275,789.04. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 11.35% of the stock is currently owned by insiders.
Institutional Investors Weigh In On Liberty Latin America
Several hedge funds and other institutional investors have recently made changes to their positions in LILA. SG Americas Securities LLC bought a new position in Liberty Latin America in the third quarter valued at about $120,000. Ground Swell Capital LLC bought a new position in Liberty Latin America in the 2nd quarter valued at approximately $122,000. BNP Paribas Financial Markets boosted its position in Liberty Latin America by 80.8% during the 1st quarter. BNP Paribas Financial Markets now owns 16,772 shares of the company's stock worth $117,000 after buying an additional 7,494 shares during the period. XTX Topco Ltd boosted its position in Liberty Latin America by 78.2% during the 2nd quarter. XTX Topco Ltd now owns 20,614 shares of the company's stock worth $198,000 after buying an additional 9,045 shares during the period. Finally, DekaBank Deutsche Girozentrale grew its holdings in Liberty Latin America by 304.6% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 21,539 shares of the company's stock worth $149,000 after acquiring an additional 16,215 shares during the last quarter. 18.48% of the stock is owned by institutional investors.
Liberty Latin America Company Profile
(
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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