Liberty Latin America (NASDAQ:LILA) Share Price Passes Above 50 Day Moving Average – Time to Sell?

Liberty Latin America Ltd. (NASDAQ:LILA)’s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $6.60 and traded as high as $6.64. Liberty Latin America shares last traded at $6.61, with a volume of 203,220 shares traded.

Liberty Latin America Stock Up 0.3 %

The stock has a market cap of $1.30 billion, a P/E ratio of -2.26 and a beta of 1.03. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 4.31. The company has a 50-day simple moving average of $6.60 and a two-hundred day simple moving average of $8.32.

Liberty Latin America (NASDAQ:LILA) last posted its quarterly earnings results on Wednesday, November 6th. The company reported ($2.22) EPS for the quarter. The firm had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.11 billion. Liberty Latin America had a negative net margin of 13.02% and a negative return on equity of 27.22%. During the same quarter in the prior year, the company earned $0.29 earnings per share. On average, equities analysts forecast that Liberty Latin America Ltd. will post -2.43 EPS for the current year.

Insider Activity

In other Liberty Latin America news, Director Brendan J. Paddick bought 5,053 shares of the firm’s stock in a transaction that occurred on Friday, November 29th. The stock was bought at an average price of $6.93 per share, for a total transaction of $35,017.29. Following the completion of the acquisition, the director now directly owns 1,343,021 shares in the company, valued at $9,307,135.53. The trade was a 0.38 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Over the last ninety days, insiders bought 156,298 shares of company stock valued at $1,043,886. Insiders own 11.35% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in LILA. SG Americas Securities LLC boosted its stake in shares of Liberty Latin America by 15.9% during the 4th quarter. SG Americas Securities LLC now owns 14,560 shares of the company’s stock valued at $93,000 after purchasing an additional 2,002 shares in the last quarter. Sanctuary Advisors LLC boosted its position in Liberty Latin America by 7.8% during the 3rd quarter. Sanctuary Advisors LLC now owns 68,236 shares of the company’s stock valued at $654,000 after acquiring an additional 4,917 shares in the last quarter. XTX Topco Ltd grew its holdings in shares of Liberty Latin America by 33.6% during the 3rd quarter. XTX Topco Ltd now owns 27,532 shares of the company’s stock worth $264,000 after acquiring an additional 6,918 shares during the period. BNP Paribas Financial Markets raised its position in shares of Liberty Latin America by 48.6% in the 3rd quarter. BNP Paribas Financial Markets now owns 21,399 shares of the company’s stock worth $205,000 after acquiring an additional 6,999 shares in the last quarter. Finally, Empowered Funds LLC lifted its stake in shares of Liberty Latin America by 5.1% in the 4th quarter. Empowered Funds LLC now owns 200,090 shares of the company’s stock valued at $1,273,000 after purchasing an additional 9,627 shares during the period. 18.48% 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.