Liberty Latin America (OTCMKTS:LILAB) Shares Gap Up - Here's Why

Key Points

• Liberty Latin America Ltd. shares experienced a significant gap up, opening at $8.50 compared to the previous close of $8.01, indicating a positive market response.
• The company's market capitalization stands at $1.50 billion, with a price-to-earnings ratio of -3.68, suggesting recent losses but potential for future growth.
• Liberty Latin America provides a variety of telecommunications services, including fixed, mobile, and subsea services across several Caribbean and Central American regions.

Liberty Latin America Ltd. (OTCMKTS:LILAB - ) shares gapped up before the market opened on Monday . The stock had previously closed at $8.01, but opened at $8.50. Liberty Latin America shares last traded at $8.50, with a volume of 146 shares.

Liberty Latin America Trading Up 2.9%

The firm's 50-day moving average is $5.44 and its 200-day moving average is $5.71. The firm has a market cap of $1.50 billion, a price-to-earnings ratio of -3.68 and a beta of 1.12.

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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