Liberty Latin America (NASDAQ:LILAK) Reaches New 1-Year Low – Should You Sell?

Liberty Latin America Ltd. (NASDAQ:LILAK)’s stock price hit a new 52-week low on Friday . The company traded as low as $5.68 and last traded at $5.64, with a volume of 88196 shares. The stock had previously closed at $6.05.

Liberty Latin America Stock Performance

The stock has a market cap of $1.10 billion, a price-to-earnings ratio of -1.68 and a beta of 0.83. The company’s 50-day simple moving average is $6.69 and its 200-day simple moving average is $7.47. 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 (NASDAQ:LILAK) last announced its earnings results on Wednesday, February 19th. The company reported ($0.90) EPS for the quarter, missing the consensus estimate of $0.15 by ($1.05). The company had revenue of $1.15 billion for the quarter, compared to analysts’ expectations of $1.14 billion. Liberty Latin America had a negative net margin of 14.74% and a negative return on equity of 31.59%.

Institutional Investors Weigh In On Liberty Latin America

Hedge funds have recently made changes to their positions in the company. Charles Schwab Investment Management Inc. boosted its position in Liberty Latin America by 24.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,060,558 shares of the company’s stock worth $29,045,000 after acquiring an additional 600,689 shares during the period. Barclays PLC boosted its holdings in shares of Liberty Latin America by 55.8% during the third quarter. Barclays PLC now owns 200,249 shares of the company’s stock worth $1,900,000 after purchasing an additional 71,734 shares during the period. Franklin Resources Inc. grew its position in Liberty Latin America by 10.2% during the third quarter. Franklin Resources Inc. now owns 91,461 shares of the company’s stock valued at $868,000 after purchasing an additional 8,454 shares in the last quarter. Geode Capital Management LLC increased its stake in Liberty Latin America by 1.2% in the 3rd quarter. Geode Capital Management LLC now owns 3,378,992 shares of the company’s stock valued at $32,073,000 after buying an additional 39,711 shares during the period. Finally, UMB Bank n.a. lifted its position in Liberty Latin America by 970.4% in the 4th quarter. UMB Bank n.a. now owns 282,937 shares of the company’s stock worth $1,794,000 after buying an additional 256,504 shares in the last quarter. Hedge funds and other institutional investors own 52.98% of the company’s stock.

Liberty Latin America Company Profile

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.