Liberty Latin America (NASDAQ:LILAK) Sets New 1-Year Low – Should You Sell?

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

Liberty Latin America Trading Down 7.7 %

The business’s 50-day moving average is $6.69 and its two-hundred day moving average is $7.47. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 4.31. The stock has a market capitalization of $1.10 billion, a PE ratio of -1.68 and a beta of 0.83.

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

Institutional Trading of Liberty Latin America

Several institutional investors have recently added to or reduced their stakes in LILAK. Versant Capital Management Inc raised its stake in shares of 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 in the last quarter. New Age Alpha Advisors LLC acquired a new stake in Liberty Latin America during the fourth quarter worth about $41,000. Bleakley Financial Group LLC acquired a new position in Liberty Latin America in the fourth quarter valued at approximately $65,000. Bridgefront Capital LLC bought a new position in shares of Liberty Latin America during the fourth quarter valued at approximately $65,000. Finally, Sargent Investment Group LLC bought a new stake in shares of Liberty Latin America in the 4th quarter worth approximately $69,000. 52.98% of the stock is 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.