Liberty Latin America (NASDAQ:LILAK) Reaches New 52-Week Low – What’s Next?

Liberty Latin America Ltd. (NASDAQ:LILAK) shares reached a new 52-week low during trading on Friday . The company traded as low as $5.68 and last traded at $5.64, with a volume of 88196 shares changing hands. The stock had previously closed at $6.05.

Liberty Latin America Trading Down 8.1 %

The business has a fifty day moving average price of $6.66 and a 200 day moving average price of $7.43. The firm has a market cap of $1.09 billion, a PE ratio of -1.66 and a beta of 0.83. 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:LILAK) last announced its quarterly earnings results on Wednesday, February 19th. The company reported ($0.90) EPS for the quarter, missing the consensus estimate of $0.15 by ($1.05). The company had revenue of $1.15 billion during the quarter, compared to analysts’ expectations of $1.14 billion. Liberty Latin America had a negative net margin of 14.74% and a negative return on equity of 31.59%.

Institutional Trading of Liberty Latin America

Several institutional investors and hedge funds have recently made changes to their positions in the company. Versant Capital Management Inc raised its position in Liberty Latin America by 556.5% in the 1st quarter. Versant Capital Management Inc now owns 5,331 shares of the company’s stock valued at $33,000 after purchasing an additional 4,519 shares during the last quarter. New Age Alpha Advisors LLC acquired a new position in Liberty Latin America in the fourth quarter valued at $41,000. Bleakley Financial Group LLC purchased a new stake in shares of Liberty Latin America in the fourth quarter valued at about $65,000. Bridgefront Capital LLC acquired a new stake in shares of Liberty Latin America during the fourth quarter worth about $65,000. Finally, Sargent Investment Group LLC purchased a new position in shares of Liberty Latin America during the fourth quarter worth about $69,000. 52.98% of the stock is owned by hedge funds and other institutional investors.

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.