Liberty Latin America (NASDAQ:LILA) Sets New 1-Year Low - Here's Why

Liberty Latin America Ltd. (NASDAQ:LILA - Get Free Report) shares hit a new 52-week low on Friday . The company traded as low as $4.25 and last traded at $4.64, with a volume of 2513397 shares trading hands. The stock had previously closed at $5.50.

Analyst Ratings Changes

Separately, Barclays cut shares of Liberty Latin America from an "equal weight" rating to an "underweight" rating and dropped their price target for the company from $8.00 to $6.50 in a research report on Tuesday, February 25th.

Liberty Latin America Trading Up 1.4%

The company's 50 day moving average price is $5.82 and its 200 day moving average price is $6.61. The company has a debt-to-equity ratio of 4.68, a current ratio of 1.04 and a quick ratio of 1.06. The firm has a market cap of $972.69 million, a PE ratio of -1.48 and a beta of 0.94.

Liberty Latin America (NASDAQ:LILA - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The company reported ($0.69) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.62). Liberty Latin America had a negative net margin of 14.74% and a negative return on equity of 33.41%. The business had revenue of $1.08 billion during the quarter, compared to analysts' expectations of $1.10 billion. As a group, analysts forecast that Liberty Latin America Ltd. will post -0.22 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Price T Rowe Associates Inc. MD boosted its stake in shares of Liberty Latin America by 12.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 12,503 shares of the company's stock valued at $80,000 after purchasing an additional 1,422 shares during the period. Searchlight Capital Partners L.P. lifted its stake in Liberty Latin America by 3.3% in the fourth quarter. Searchlight Capital Partners L.P. now owns 45,708 shares of the company's stock worth $291,000 after acquiring an additional 1,444 shares during the last quarter. SG Americas Securities LLC lifted its stake in 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 acquiring an additional 2,002 shares during the last quarter. Barclays PLC lifted its stake in Liberty Latin America by 4.3% in the fourth quarter. Barclays PLC now owns 73,416 shares of the company's stock worth $467,000 after acquiring an additional 2,997 shares during the last quarter. Finally, State of Wyoming lifted its stake in Liberty Latin America by 10.9% in the fourth quarter. State of Wyoming now owns 31,628 shares of the company's stock worth $201,000 after acquiring an additional 3,100 shares during the last quarter. Hedge funds and other institutional investors own 18.48% of the company's stock.

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.