Liberty Latin America Ltd. (NASDAQ:LILA – Get Free Report) CEO Balan Nair acquired 20,000 shares of the business’s stock in a transaction on Friday, May 8th. The stock was acquired at an average cost of $8.07 per share, for a total transaction of $161,400.00. Following the transaction, the chief executive officer owned 3,125,039 shares of the company’s stock, valued at approximately $25,219,064.73. The trade was a 0.64% increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Liberty Latin America Stock Up 1.9%
LILA stock opened at $7.55 on Thursday. The stock’s fifty day simple moving average is $8.10 and its two-hundred day simple moving average is $7.97. The company has a current ratio of 1.11, a quick ratio of 1.14 and a debt-to-equity ratio of 7.74. Liberty Latin America Ltd. has a 1-year low of $4.76 and a 1-year high of $9.04. The stock has a market cap of $1.51 billion, a P/E ratio of -3.04 and a beta of 0.75.
Liberty Latin America (NASDAQ:LILA – Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The company reported ($0.11) earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.14). Liberty Latin America had a negative return on equity of 45.66% and a negative net margin of 11.20%.The business had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.09 billion. Analysts expect that Liberty Latin America Ltd. will post -0.02 EPS for the current year.
Institutional Inflows and Outflows
Analysts Set New Price Targets
Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Liberty Latin America in a research report on Tuesday, April 21st. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Liberty Latin America has a consensus rating of “Hold” and an average target price of $13.00.
Get Our Latest Stock Report on LILA
Liberty Latin America Company Profile
Liberty Latin America is a telecommunications company that provides video, broadband internet, telephony and mobile services across Latin America and the Caribbean. The company’s operations span consumer and business markets, offering cable television packages, high-speed broadband connections, fixed-line voice services and wireless data plans. Through its brands, including Flow in several Caribbean territories and VTR in Chile, Liberty Latin America focuses on delivering converged digital solutions designed to meet both residential and enterprise needs.
Formed in 2018 as a spin-off from Liberty Global, Liberty Latin America built its initial footprint by integrating legacy assets acquired from Cable & Wireless Communications and Columbus Communications.
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