Liberty Latin America (NASDAQ:LILA) Stock Price Crosses Below Fifty Day Moving Average – Should You Sell?

Shares of Liberty Latin America Ltd. (NASDAQ:LILA) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $6.75 and traded as low as $6.43. Liberty Latin America shares last traded at $6.60, with a volume of 237,215 shares.

Liberty Latin America Stock Up 4.1 %

The company has a debt-to-equity ratio of 4.31, a current ratio of 1.06 and a quick ratio of 1.06. The firm has a market cap of $1.30 billion, a price-to-earnings ratio of -2.25 and a beta of 1.04. The firm’s fifty day moving average is $6.75 and its two-hundred day moving average is $8.65.

Insider Buying and Selling at Liberty Latin America

In other Liberty Latin America news, Director Brendan J. Paddick purchased 5,053 shares of the business’s stock in a transaction on Friday, November 29th. The stock was bought at an average cost of $6.93 per share, with a total value of $35,017.29. Following the acquisition, the director now owns 1,343,021 shares of the company’s stock, valued at $9,307,135.53. The trade was a 0.38 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. In the last three months, insiders acquired 156,298 shares of company stock valued at $1,043,886. 11.35% of the stock is owned by insiders.

Institutional Investors Weigh In On Liberty Latin America

Institutional investors and hedge funds have recently bought and sold shares of the business. Sanctuary Advisors LLC purchased a new stake in Liberty Latin America during the second quarter valued at about $608,000. FMR LLC lifted its stake in Liberty Latin America by 60,327.0% during the third quarter. FMR LLC now owns 2,160,869 shares of the company’s stock valued at $20,701,000 after buying an additional 2,157,293 shares in the last quarter. Banco Santander S.A. lifted its stake in Liberty Latin America by 47.8% during the third quarter. Banco Santander S.A. now owns 800,000 shares of the company’s stock valued at $7,664,000 after buying an additional 258,631 shares in the last quarter. State of New Jersey Common Pension Fund D purchased a new stake in Liberty Latin America during the second quarter valued at about $2,073,000. Finally, BNP Paribas Financial Markets lifted its stake in Liberty Latin America by 48.6% during the third quarter. BNP Paribas Financial Markets now owns 21,399 shares of the company’s stock valued at $205,000 after buying an additional 6,999 shares in the last quarter. 18.48% of the stock is owned by institutional investors and hedge funds.

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.