Liberty Latin America (NASDAQ:LILAK) Reaches New 1-Year Low – Here’s Why

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

Liberty Latin America Price Performance

The company has a market cap of $1.09 billion, a price-to-earnings ratio of -1.66 and a beta of 0.83. The company has a 50-day simple moving average of $6.66 and a 200-day simple moving average of $7.43. The company has a debt-to-equity ratio of 4.31, a quick ratio of 1.06 and a current ratio of 1.06.

Liberty Latin America (NASDAQ:LILAK) last announced its quarterly earnings data 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 business had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.14 billion.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Liberty Latin America by 3.9% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 73,769 shares of the company’s stock valued at $468,000 after purchasing an additional 2,798 shares during the last quarter. Invesco Ltd. boosted its position in shares of Liberty Latin America by 0.7% in the 4th quarter. Invesco Ltd. now owns 639,448 shares of the company’s stock worth $4,054,000 after buying an additional 4,233 shares in the last quarter. Versant Capital Management Inc boosted its position 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 worth $33,000 after buying an additional 4,519 shares in the last quarter. KBC Group NV grew its stake in Liberty Latin America by 62.5% in the 4th quarter. KBC Group NV now owns 11,879 shares of the company’s stock valued at $75,000 after acquiring an additional 4,571 shares during the last quarter. Finally, Principal Financial Group Inc. increased its holdings in Liberty Latin America by 8.0% during the 4th quarter. Principal Financial Group Inc. now owns 68,880 shares of the company’s stock valued at $437,000 after acquiring an additional 5,109 shares in the last quarter. 52.98% of the stock is currently 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.