Liberty Latin America (NASDAQ:LILA) Sets New 12-Month Low - Here's Why

Liberty Latin America Ltd. (NASDAQ:LILA - Get Free Report)'s stock price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $5.12 and last traded at $5.31, with a volume of 74851 shares. The stock had previously closed at $5.24.

Analyst Ratings Changes

Separately, Barclays cut Liberty Latin America from an "equal weight" rating to an "underweight" rating and decreased their price objective for the stock from $8.00 to $6.50 in a report on Tuesday, February 25th.

Liberty Latin America Trading Down 0.2 %

The stock has a market cap of $1.10 billion, a P/E ratio of -1.67 and a beta of 0.85. The company has a debt-to-equity ratio of 4.68, a quick ratio of 1.06 and a current ratio of 1.04. The stock's fifty day moving average is $6.22 and its 200 day moving average is $6.98.

Liberty Latin America (NASDAQ:LILA - Get Free Report) last posted its quarterly earnings data on Wednesday, February 19th. The company reported ($0.90) earnings per share (EPS) for the quarter. The company had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.15 billion. Liberty Latin America had a negative net margin of 14.74% and a negative return on equity of 33.41%. As a group, equities research analysts predict that Liberty Latin America Ltd. will post -0.22 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Liberty Latin America

Several institutional investors have recently made changes to their positions in LILA. Dimensional Fund Advisors LP lifted its stake in Liberty Latin America by 1.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,454,942 shares of the company's stock worth $15,613,000 after purchasing an additional 24,752 shares during the last quarter. Gamco Investors INC. ET AL boosted its holdings in Liberty Latin America by 3.0% during the 4th quarter. Gamco Investors INC. ET AL now owns 1,056,713 shares of the company's stock valued at $6,721,000 after acquiring an additional 30,537 shares during the period. Banco Santander S.A. grew its position in Liberty Latin America by 2.1% in the 4th quarter. Banco Santander S.A. now owns 816,900 shares of the company's stock valued at $5,195,000 after acquiring an additional 16,900 shares during the last quarter. Gabelli Funds LLC increased its stake in Liberty Latin America by 1.7% in the fourth quarter. Gabelli Funds LLC now owns 761,718 shares of the company's stock worth $4,845,000 after purchasing an additional 13,000 shares during the period. Finally, Geode Capital Management LLC boosted its stake in shares of Liberty Latin America by 1.3% during the fourth quarter. Geode Capital Management LLC now owns 517,206 shares of the company's stock valued at $3,290,000 after purchasing an additional 6,509 shares during the period. 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.