Logistic Properties of the Americas (NYSEAMERICAN:LPA) Trading Up 1.1% - What's Next?

Key Points

• Logistic Properties of the Americas (NYSEAMERICAN:LPA) saw a stock increase of 1.1% during trading on Monday, closing at $6.27.
• The company has a market capitalization of $198.57 million, a P/E ratio of 10.81, and a beta of 6.26, indicating high volatility.
• Institutional investors own 42.71% of the company, with Geode Capital Management recently acquiring a new stake valued at approximately $275,000.

Shares of Logistic Properties of the Americas (NYSEAMERICAN:LPA - ) were up 1.1% during trading on Monday . The stock traded as high as $6.35 and last traded at $6.27. Approximately 6,893 shares were traded during trading, a decline of 45% from the average daily volume of 12,566 shares. The stock had previously closed at $6.20.

Logistic Properties of the Americas Stock Up 1.1%

The company has a market capitalization of $198.57 million, a P/E ratio of 10.81 and a beta of 6.26. The firm's 50 day moving average price is $6.85 and its two-hundred day moving average price is $8.04. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 0.92.

Hedge Funds Weigh In On Logistic Properties of the Americas

An institutional investor recently bought a new position in Logistic Properties of the Americas stock. Geode Capital Management LLC purchased a new stake in shares of Logistic Properties of the Americas (NYSEAMERICAN:LPA - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 40,241 shares of the company's stock, valued at approximately $275,000. Geode Capital Management LLC owned about 0.13% of Logistic Properties of the Americas at the end of the most recent reporting period. Institutional investors own 42.71% of the company's stock.

Logistic Properties of the Americas Company Profile

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.

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