Liberty Latin America (NASDAQ:LILA) Shares Pass Below 50 Day Moving Average - Time to Sell?

Liberty Latin America Ltd. (NASDAQ:LILA - Get Free Report)'s stock price crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $5.69 and traded as low as $5.02. Liberty Latin America shares last traded at $5.05, with a volume of 378,981 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Barclays downgraded Liberty Latin America from an "equal weight" rating to an "underweight" rating and reduced their price objective for the company from $8.00 to $6.50 in a research note on Tuesday, February 25th.

Liberty Latin America Price Performance

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 company has a market cap of $993.50 million, a P/E ratio of -1.49 and a beta of 0.94. The firm has a 50 day moving average price of $5.59 and a two-hundred day moving average price of $6.41.

Liberty Latin America (NASDAQ:LILA - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The company reported ($0.69) earnings per share 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 the consensus estimate of $1.10 billion. Liberty Latin America had a negative return on equity of 33.41% and a negative net margin of 14.74%. On average, analysts predict that Liberty Latin America Ltd. will post -0.22 EPS for the current fiscal year.

Insider Transactions at Liberty Latin America

In related news, CEO Balan Nair bought 22,779 shares of the business's stock in a transaction on Monday, May 12th. The stock was acquired at an average price of $4.39 per share, for a total transaction of $99,999.81. Following the purchase, the chief executive officer now directly owns 1,651,001 shares in the company, valued at $7,247,894.39. This trade represents a 1.40% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Christopher J. Noyes bought 8,000 shares of the business's stock in a transaction on Monday, May 12th. The stock was bought at an average price of $4.53 per share, with a total value of $36,240.00. Following the purchase, the chief financial officer now owns 231,621 shares in the company, valued at $1,049,243.13. This trade represents a 3.58% increase in their ownership of the stock. The disclosure for this purchase can be found here. 11.96% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. KLP Kapitalforvaltning AS bought a new position in Liberty Latin America in the 4th quarter worth about $37,000. EntryPoint Capital LLC bought a new position in Liberty Latin America in the 4th quarter worth about $69,000. Marshall Wace LLP bought a new position in Liberty Latin America in the 4th quarter worth about $77,000. Price T Rowe Associates Inc. MD boosted its stake in Liberty Latin America by 12.8% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 12,503 shares of the company's stock worth $80,000 after purchasing an additional 1,422 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its stake in Liberty Latin America by 36.1% in the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 14,148 shares of the company's stock worth $90,000 after purchasing an additional 3,755 shares during the period. Institutional investors own 18.48% of the company's stock.

About Liberty Latin America

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.