Liberty Latin America Ltd. (NASDAQ:LILA - Get Free Report)'s stock price dropped 4.4% on Tuesday . The stock traded as low as $7.10 and last traded at $7.05. Approximately 56,270 shares traded hands during mid-day trading, a decline of 83% from the average daily volume of 340,930 shares. The stock had previously closed at $7.37.
Liberty Latin America Stock Performance
The stock has a market capitalization of $1.34 billion, a P/E ratio of -2.33 and a beta of 1.03. The company's 50-day moving average is $6.64 and its two-hundred day moving average is $8.12. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 4.31.
Liberty Latin America (NASDAQ:LILA - Get Free Report) last issued its quarterly earnings data on Wednesday, February 19th. The company reported ($0.90) earnings per share for the quarter. The firm had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.15 billion. Liberty Latin America had a negative net margin of 13.02% and a negative return on equity of 27.22%. As a group, sell-side analysts anticipate that Liberty Latin America Ltd. will post -2.43 EPS for the current fiscal year.
Insider Buying and Selling at Liberty Latin America
In related news, Director Brendan J. Paddick bought 35,475 shares of the stock in a transaction on 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 purchase, the director now owns 1,273,443 shares in the company, valued at approximately $8,965,038.72. This represents a 2.87 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. In the last 90 days, insiders have purchased 156,298 shares of company stock valued at $1,043,886. Company insiders own 11.35% of the company's stock.
Hedge Funds Weigh In On Liberty Latin America
Several large investors have recently bought and sold shares of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Liberty Latin America by 14.2% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 106,011 shares of the company's stock valued at $674,000 after buying an additional 13,154 shares during the period. State of Wyoming grew its stake in shares of Liberty Latin America by 10.9% in the 4th quarter. State of Wyoming now owns 31,628 shares of the company's stock worth $201,000 after purchasing an additional 3,100 shares during the last quarter. Searchlight Capital Partners L.P. grew its stake in shares of Liberty Latin America by 3.3% in the 4th quarter. Searchlight Capital Partners L.P. now owns 45,708 shares of the company's stock worth $291,000 after purchasing an additional 1,444 shares during the last quarter. Millennium Management LLC grew its stake in shares of Liberty Latin America by 29.6% in the 4th quarter. Millennium Management LLC now owns 24,499 shares of the company's stock worth $156,000 after purchasing an additional 5,602 shares during the last quarter. Finally, Deutsche Bank AG grew its stake in shares of Liberty Latin America by 3.1% in the 4th quarter. Deutsche Bank AG now owns 125,758 shares of the company's stock worth $800,000 after purchasing an additional 3,803 shares during the last quarter. Institutional investors and hedge funds 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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