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

Liberty Latin America Ltd. (NASDAQ:LILA) shares crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $6.69 and traded as high as $6.84. Liberty Latin America shares last traded at $6.67, with a volume of 257,872 shares changing hands.

Liberty Latin America Stock Performance

The company has a market capitalization of $1.31 billion, a P/E ratio of -2.28 and a beta of 1.04. The company’s 50-day moving average is $6.69 and its two-hundred day moving average is $8.46. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 4.31.

Liberty Latin America (NASDAQ:LILA) last posted its earnings results on Wednesday, November 6th. The company reported ($2.22) EPS for the quarter. Liberty Latin America had a negative return on equity of 27.22% and a negative net margin of 13.02%. The company had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.11 billion. During the same period in the prior year, the business posted $0.29 earnings per share. Equities analysts anticipate that Liberty Latin America Ltd. will post -2.43 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Liberty Latin America news, Director Brendan J. Paddick acquired 5,053 shares of the stock in a transaction dated Friday, November 29th. The shares were acquired at an average cost of $6.93 per share, for a total transaction of $35,017.29. Following the completion of the transaction, the director now directly owns 1,343,021 shares of the company’s stock, valued at approximately $9,307,135.53. The trade was a 0.38 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders bought 156,298 shares of company stock valued at $1,043,886 over the last 90 days. Company insiders own 11.35% of the company’s stock.

Institutional Investors Weigh In On Liberty Latin America

A number of hedge funds have recently made changes to their positions in LILA. SG Americas Securities LLC lifted its position in shares of Liberty Latin America by 15.9% in 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. Flagship Harbor Advisors LLC bought a new stake in Liberty Latin America during the fourth quarter worth approximately $96,000. Intech Investment Management LLC bought a new stake in Liberty Latin America during the third quarter worth approximately $104,000. Wilmington Savings Fund Society FSB bought a new stake in Liberty Latin America during the third quarter worth approximately $163,000. Finally, BNP Paribas Financial Markets increased its stake in Liberty Latin America by 48.6% during the third 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 during the last quarter. 18.48% of the stock is currently 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.