Liberty Latin America (NASDAQ:LILAK) Sets New 1-Year Low – What’s Next?

Liberty Latin America Ltd. (NASDAQ:LILAK)’s share price reached a new 52-week low during trading on Thursday . The stock traded as low as $5.09 and last traded at $5.45, with a volume of 1378151 shares trading hands. The stock had previously closed at $5.22.

Liberty Latin America Stock Down 1.3 %

The stock has a market capitalization of $1.02 billion, a P/E ratio of -1.55 and a beta of 0.83. 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 simple moving average of $6.50 and a 200 day simple moving average of $7.24.

Liberty Latin America (NASDAQ:LILAK) last issued its quarterly earnings data on Wednesday, February 19th. The company reported ($0.90) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.15 by ($1.05). Liberty Latin America had a negative net margin of 14.74% and a negative return on equity of 31.59%. The business had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.14 billion.

Institutional Trading of Liberty Latin America

Several institutional investors have recently modified their holdings of the business. Sterneck Capital Management LLC raised its position in Liberty Latin America by 6.6% during the 1st quarter. Sterneck Capital Management LLC now owns 77,208 shares of the company’s stock worth $479,000 after purchasing an additional 4,800 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of Liberty Latin America by 577.2% in the first quarter. GAMMA Investing LLC now owns 11,811 shares of the company’s stock valued at $73,000 after buying an additional 10,067 shares during the period. Versant Capital Management Inc raised its position in shares of Liberty Latin America by 556.5% during the first quarter. Versant Capital Management Inc now owns 5,331 shares of the company’s stock worth $33,000 after acquiring an additional 4,519 shares during the last quarter. Mackenzie Financial Corp lifted its stake in shares of Liberty Latin America by 18.9% in the fourth quarter. Mackenzie Financial Corp now owns 84,115 shares of the company’s stock worth $533,000 after acquiring an additional 13,358 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Liberty Latin America by 25.6% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 331,332 shares of the company’s stock valued at $2,101,000 after acquiring an additional 67,621 shares during the last quarter. Institutional investors own 52.98% 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.