Liberty Latin America (NASDAQ:LILA) Hits New 52-Week Low - Here's What Happened

Liberty Latin America Ltd. (NASDAQ:LILA - Get Free Report)'s share price reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $4.25 and last traded at $4.64, with a volume of 2513397 shares. The stock had previously closed at $5.50.

Wall Street Analysts Forecast Growth

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

Liberty Latin America Price Performance

The firm has a market cap of $882.11 million, a PE ratio of -1.34 and a beta of 0.94. The firm has a fifty day simple moving average of $5.90 and a two-hundred day simple moving average of $6.66. The company has a debt-to-equity ratio of 4.68, a quick ratio of 1.06 and a current ratio of 1.04.

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). The firm had revenue of $1.08 billion for the quarter, compared to analysts' expectations of $1.10 billion. Liberty Latin America had a negative return on equity of 33.41% and a negative net margin of 14.74%. Equities analysts predict that Liberty Latin America Ltd. will post -0.22 EPS for the current fiscal year.

Institutional Trading of Liberty Latin America

Several institutional investors and hedge funds have recently made changes to their positions in LILA. Barclays PLC increased its position in shares of Liberty Latin America by 81.6% during the third quarter. Barclays PLC now owns 70,419 shares of the company's stock worth $675,000 after acquiring an additional 31,642 shares during the period. UMB Bank n.a. lifted its holdings in shares of Liberty Latin America by 2,129.7% in the 4th quarter. UMB Bank n.a. now owns 169,415 shares of the company's stock worth $1,077,000 after buying an additional 161,817 shares during the period. MassMutual Private Wealth & Trust FSB purchased a new stake in shares of Liberty Latin America in the 4th quarter worth $753,000. SG Americas Securities LLC lifted its holdings in shares of Liberty Latin America by 15.9% in the 4th 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 during the period. Finally, Flagship Harbor Advisors LLC bought a new stake in shares of Liberty Latin America in the fourth quarter valued at about $96,000. 18.48% of the stock is currently owned by 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.