Logistic Properties of the Americas (NYSEAMERICAN:LPA) Short Interest Update

Logistic Properties of the Americas (NYSEAMERICAN:LPA) was the recipient of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 72,864 shares, a drop of 39.3% from the August 15th total of 120,124 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average trading volume of 19,060 shares, the days-to-cover ratio is currently 3.8 days.

Logistic Properties of the Americas Price Performance

Shares of Logistic Properties of the Americas stock traded up $0.03 on Thursday, hitting $3.09. 20,872 shares of the company traded hands, compared to its average volume of 28,435. The firm’s 50-day simple moving average is $3.11 and its 200 day simple moving average is $3.18. The company has a current ratio of 1.80, a quick ratio of 1.80 and a debt-to-equity ratio of 0.91. The company has a market cap of $97.71 million, a P/E ratio of 76.50 and a beta of 5.40. Logistic Properties of the Americas has a 12-month low of $2.04 and a 12-month high of $6.30.

Logistic Properties of the Americas (NYSEAMERICAN:LPA) last announced its earnings results on Tuesday, June 30th. The company reported $0.40 earnings per share (EPS) for the quarter. The company had revenue of $14.74 million during the quarter. Logistic Properties of the Americas had a net margin of 30.97% and a return on equity of 0.46%. Analysts expect that Logistic Properties of the Americas will post 0.14 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Btg Pactual set a $7.50 price objective on Logistic Properties of the Americas in a report on Sunday, May 24th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $7.50.

Logistic Properties of the Americas Company Profile

Logistic Properties of the Americas is a real estate company focused on owning, developing, acquiring and operating logistics and industrial properties in Latin America. Its portfolio is designed to support distribution, warehousing and fulfillment activities for businesses serving growing urban and consumer markets.

The company primarily serves Colombia, Costa Rica and Peru, with properties positioned near major population centers, transportation corridors and commercial hubs. Its facilities are used by customers in areas such as e-commerce, retail, consumer products, third-party logistics and other industries that require modern distribution space.

Logistic Properties of the Americas became a publicly traded company in the United States through a business combination and trades on the NYSE American under the symbol LPA.