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

Liberty Latin America Ltd. (NASDAQ:LILA - Get Free Report)'s stock price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $6.75 and traded as low as $6.43. Liberty Latin America shares last traded at $6.60, with a volume of 237,215 shares changing hands.

Liberty Latin America Price Performance

The stock has a market capitalization of $1.30 billion, a P/E ratio of -2.26 and a beta of 1.04. The firm has a fifty day moving average price of $6.71 and a two-hundred day moving average price of $8.63. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 4.31.

Insiders Place Their Bets

In other Liberty Latin America news, Director Brendan J. Paddick bought 18,011 shares of Liberty Latin America stock in a transaction on 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 acquisition, the director now owns 1,437,518 shares in the company, valued at approximately $8,797,610.16. This trade represents a 1.27 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last ninety days, insiders bought 156,298 shares of company stock valued at $1,043,886. Insiders own 11.35% of the company's stock.

Institutional Investors Weigh In On Liberty Latin America

Institutional investors have recently modified their holdings of the business. Intech Investment Management LLC purchased a new position in Liberty Latin America in the 3rd quarter worth about $104,000. SG Americas Securities LLC purchased a new position in shares of Liberty Latin America during the third quarter valued at approximately $120,000. Wilmington Savings Fund Society FSB bought a new position in Liberty Latin America during the third quarter valued at approximately $163,000. XTX Topco Ltd boosted its holdings in Liberty Latin America by 78.2% in the second quarter. XTX Topco Ltd now owns 20,614 shares of the company's stock worth $198,000 after purchasing an additional 9,045 shares during the last quarter. Finally, BNP Paribas Financial Markets grew its position in Liberty Latin America by 48.6% in the 3rd quarter. BNP Paribas Financial Markets now owns 21,399 shares of the company's stock worth $205,000 after purchasing an additional 6,999 shares during the period. 18.48% of the stock is owned by hedge funds and other institutional investors.

About Liberty Latin America

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.