Liberty Latin America (NASDAQ:LILAK) Upgraded by StockNews.com to Buy Rating

Liberty Latin America (NASDAQ:LILAK - Get Free Report) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating in a note issued to investors on Monday.

Liberty Latin America Trading Down 0.4%

Shares of LILAK traded down $0.02 during mid-day trading on Monday, hitting $4.54. The company had a trading volume of 2,809,483 shares, compared to its average volume of 929,269. The business's 50-day simple moving average is $5.84 and its 200-day simple moving average is $6.59. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 4.31. Liberty Latin America has a 1-year low of $4.23 and a 1-year high of $10.93. The stock has a market cap of $893.93 million, a PE ratio of -1.36 and a beta of 0.92.

Liberty Latin America (NASDAQ:LILAK - Get Free Report) last released its earnings results on Wednesday, May 7th. The company reported ($0.69) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.14) by ($0.55). Liberty Latin America had a negative return on equity of 31.59% and a negative net margin of 14.74%. The company had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.10 billion.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Versant Capital Management Inc lifted its position in Liberty Latin America by 556.5% during the first quarter. Versant Capital Management Inc now owns 5,331 shares of the company's stock valued at $33,000 after buying an additional 4,519 shares in the last quarter. New Age Alpha Advisors LLC purchased a new stake in shares of Liberty Latin America during the fourth quarter valued at approximately $41,000. Bleakley Financial Group LLC purchased a new stake in shares of Liberty Latin America during the fourth quarter valued at approximately $65,000. Bridgefront Capital LLC purchased a new stake in shares of Liberty Latin America during the fourth quarter valued at approximately $65,000. Finally, Sargent Investment Group LLC purchased a new stake in shares of Liberty Latin America during the fourth quarter valued at approximately $69,000. 52.98% of the stock is owned by institutional investors and hedge funds.

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.

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