Logistic Properties of the Americas (NYSEAMERICAN:LPA - Get Free Report)'s stock price shot up 9.9% during trading on Thursday . The company traded as high as $7.00 and last traded at $7.00. 19,105 shares were traded during mid-day trading, a decline of 85% from the average session volume of 125,343 shares. The stock had previously closed at $6.37.
Logistic Properties of the Americas Stock Down 2.4%
The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.48 and a current ratio of 1.48. The firm has a market capitalization of $216.31 million, a PE ratio of 11.78 and a beta of 6.59. The company has a fifty day moving average price of $7.02 and a 200-day moving average price of $8.37.
Institutional Investors Weigh In On Logistic Properties of the Americas
A hedge fund recently raised its stake in Logistic Properties of the Americas stock. Goldman Sachs Group Inc. increased its holdings in shares of Logistic Properties of the Americas (NYSEAMERICAN:LPA - Free Report) by 24.3% in the first quarter, according to its most recent filing with the SEC. The fund owned 23,762 shares of the company's stock after acquiring an additional 4,645 shares during the period. Goldman Sachs Group Inc. owned about 0.07% of Logistic Properties of the Americas worth $212,000 at the end of the most recent quarter. Institutional investors own 42.71% of the company's stock.
About Logistic Properties of the Americas
(
Get Free Report)
Logistic Properties of the Americas develops, builds and operates logistic real estate properties. It operates through the following geographical segments: Colombia, Peru, and Costa Rica. The company is headquartered in Miami, FL.
See Also
Before you consider Logistic Properties of the Americas, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Logistic Properties of the Americas wasn't on the list.
While Logistic Properties of the Americas currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
