Liberty Latin America (NASDAQ:LILA) Stock Price Crosses Above 50 Day Moving Average – Should You Sell?

Liberty Latin America Ltd. (NASDAQ:LILA)’s share price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $6.69 and traded as high as $6.78. Liberty Latin America shares last traded at $6.70, with a volume of 322,965 shares traded.

Analysts Set New Price Targets

Separately, Barclays downgraded Liberty Latin America from an “equal weight” rating to an “underweight” rating and lowered their price target for the company from $8.00 to $6.50 in a report on Tuesday, February 25th.

Liberty Latin America Stock Performance

The company has a debt-to-equity ratio of 4.68, a quick ratio of 1.06 and a current ratio of 1.04. The stock’s 50-day simple moving average is $6.69 and its two-hundred day simple moving average is $7.96. The stock has a market cap of $1.32 billion, a price-to-earnings ratio of -2.01 and a beta of 1.03.

Liberty Latin America (NASDAQ:LILA) last posted its quarterly earnings data on Wednesday, February 19th. The company reported ($0.90) earnings per share for the quarter. The business had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.15 billion. Liberty Latin America had a negative return on equity of 33.41% and a negative net margin of 14.74%. Analysts forecast that Liberty Latin America Ltd. will post -0.22 earnings per share for the current year.

Insider Activity

In related news, Director Brendan J. Paddick bought 31,989 shares of the business’s stock in a transaction that occurred on Thursday, December 19th. The stock was purchased at an average cost of $6.20 per share, for a total transaction of $198,331.80. Following the purchase, the director now directly owns 1,419,507 shares in the company, valued at $8,800,943.40. This trade represents a 2.31 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 11.35% of the stock is owned by company insiders.

Institutional Trading of Liberty Latin America

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Price T Rowe Associates Inc. MD grew its holdings 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 purchasing an additional 1,422 shares in the last quarter. Searchlight Capital Partners L.P. lifted its position in Liberty Latin America by 3.3% in the fourth 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 period. SG Americas Securities LLC boosted its stake in Liberty Latin America by 15.9% during the fourth quarter. SG Americas Securities LLC now owns 14,560 shares of the company’s stock worth $93,000 after buying an additional 2,002 shares in the last quarter. Barclays PLC increased its holdings in Liberty Latin America by 4.3% in the 4th quarter. Barclays PLC now owns 73,416 shares of the company’s stock valued at $467,000 after buying an additional 2,997 shares during the period. Finally, State of Wyoming raised 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 valued at $201,000 after buying an additional 3,100 shares in the last quarter. 18.48% of the stock is currently owned by institutional investors and hedge funds.

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.