Liberty Latin America Ltd. (NASDAQ:LILA - Get Free Report)'s share price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $6.60 and traded as high as $6.64. Liberty Latin America shares last traded at $6.61, with a volume of 203,220 shares changing hands.
Liberty Latin America Stock Performance
The firm has a market capitalization of $1.34 billion, a P/E ratio of -2.33 and a beta of 1.03. The company has a debt-to-equity ratio of 4.31, a current ratio of 1.06 and a quick ratio of 1.06. The firm has a 50-day moving average price of $6.58 and a two-hundred day moving average price of $8.25.
Insider Transactions at Liberty Latin America
In other news, Director Brendan J. Paddick purchased 35,475 shares of Liberty Latin America stock in a transaction dated Tuesday, November 26th. The shares were purchased at an average price of $7.04 per share, with a total value of $249,744.00. Following the transaction, the director now owns 1,273,443 shares in the company, valued at $8,965,038.72. This represents a 2.87 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last ninety days, insiders purchased 156,298 shares of company stock worth $1,043,886. Company insiders own 11.35% of the company's stock.
Hedge Funds Weigh In On Liberty Latin America
Several hedge funds and other institutional investors have recently added to or reduced their stakes in LILA. SG Americas Securities LLC increased its stake in Liberty Latin America by 15.9% in the 4th quarter. SG Americas Securities LLC now owns 14,560 shares of the company's stock valued at $93,000 after buying an additional 2,002 shares during the period. Flagship Harbor Advisors LLC acquired a new position in shares of Liberty Latin America in the fourth quarter worth $96,000. Intech Investment Management LLC purchased a new stake in Liberty Latin America during the 3rd quarter worth about $104,000. ABC Arbitrage SA purchased a new stake in Liberty Latin America in the 4th quarter worth approximately $136,000. Finally, Wilmington Savings Fund Society FSB purchased a new stake in shares of Liberty Latin America in the third quarter valued at $163,000. Hedge funds and other 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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