Liberty Latin America (NASDAQ:LILA) Share Price Crosses Above Fifty Day Moving Average – Time to Sell?

Liberty Latin America Ltd. (NASDAQ:LILA)’s stock price 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.

Analyst Ratings Changes

Several equities research analysts recently commented on LILA shares. Scotiabank lowered shares of Liberty Latin America from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 18th. The Goldman Sachs Group lowered shares of Liberty Latin America from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 4th.

Liberty Latin America Price Performance

The company has a debt-to-equity ratio of 3.46, a current ratio of 1.09 and a quick ratio of 1.09. The firm has a market capitalization of $2.04 billion, a PE ratio of -24.76 and a beta of 1.12. The company has a 50-day moving average price of $9.65 and a 200-day moving average price of $9.25.

Liberty Latin America (NASDAQ:LILA) last released its earnings results on Tuesday, August 6th. The company reported ($0.22) earnings per share (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 analysts’ expectations of $1.13 billion. During the same quarter last year, the company posted $0.17 earnings per share. Sell-side analysts forecast that Liberty Latin America Ltd. will post -0.15 EPS for the current year.

Insider Activity

In other Liberty Latin America news, CAO Brian D. Zook sold 26,197 shares of Liberty Latin America stock in a transaction that occurred on Tuesday, August 20th. The shares were sold at an average price of $9.58, for a total value of $250,967.26. Following the completion of the sale, the chief accounting officer now directly owns 28,788 shares of the company’s stock, valued at approximately $275,789.04. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 11.35% of the company’s stock.

Institutional Investors Weigh In On Liberty Latin America

Several hedge funds have recently made changes to their positions in LILA. BNP Paribas Financial Markets lifted its position in Liberty Latin America by 80.8% during the first 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. GSA Capital Partners LLP boosted its position in shares of Liberty Latin America by 80.1% in the first quarter. GSA Capital Partners LLP now owns 150,965 shares of the company’s stock worth $1,052,000 after acquiring an additional 67,123 shares during the last quarter. Empowered Funds LLC grew its holdings in Liberty Latin America by 8.1% in the first quarter. Empowered Funds LLC now owns 167,855 shares of the company’s stock valued at $1,170,000 after purchasing an additional 12,600 shares during the period. Vanguard Group Inc. increased its position in Liberty Latin America by 2.0% during the first quarter. Vanguard Group Inc. now owns 1,294,672 shares of the company’s stock worth $9,024,000 after purchasing an additional 24,840 shares during the last quarter. Finally, Gamco Investors INC. ET AL raised its stake in Liberty Latin America by 21.3% during the first quarter. Gamco Investors INC. ET AL now owns 465,241 shares of the company’s stock worth $3,243,000 after purchasing an additional 81,627 shares during the period. Institutional investors and hedge funds own 18.48% of the company’s stock.

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.