Liberty Latin America (NASDAQ:LILA) Shares Cross Above 50-Day Moving Average - Here's What Happened

Shares of Liberty Latin America Ltd. (NASDAQ:LILA - Get Free Report) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $6.75 and traded as high as $6.82. Liberty Latin America shares last traded at $6.71, with a volume of 240,035 shares.

Analyst Upgrades and Downgrades

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

Liberty Latin America Trading Down 0.9 %

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 company has a market cap of $1.33 billion, a price-to-earnings ratio of -2.01 and a beta of 1.01. The business's fifty day simple moving average is $6.77 and its two-hundred day simple moving average is $7.71.

Liberty Latin America (NASDAQ:LILA - Get Free Report) last posted 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 net margin of 14.74% and a negative return on equity of 33.41%. The firm had revenue of $1.15 billion during the quarter, compared to analysts' expectations of $1.15 billion. On average, equities analysts predict that Liberty Latin America Ltd. will post -0.22 EPS for the current year.

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Insider Buying and Selling at Liberty Latin America

In other news, Director Brendan J. Paddick purchased 18,011 shares of the business's stock in a transaction dated Monday, December 23rd. The stock was acquired at an average price of $6.12 per share, with a total value of $110,227.32. Following the purchase, the director now directly owns 1,437,518 shares of the company's stock, valued at $8,797,610.16. This represents a 1.27 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 11.35% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in LILA. KLP Kapitalforvaltning AS acquired a new position in shares of Liberty Latin America during the 4th quarter worth $37,000. EntryPoint Capital LLC acquired a new position in shares of Liberty Latin America during the 4th quarter worth $69,000. Marshall Wace LLP acquired a new position in shares of Liberty Latin America during the 4th quarter worth $77,000. Price T Rowe Associates Inc. MD raised its stake in shares of 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 during the last quarter. Finally, SG Americas Securities LLC raised 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 purchasing an additional 2,002 shares during the last quarter. Institutional investors and hedge funds 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.