Logistic Properties of the Americas (NYSEAMERICAN:LPA) Short Interest Down 39.3% in August

Logistic Properties of the Americas (NYSEAMERICAN:LPA – Get Free Report) was the target of a significant drop in short interest in August. As of August 31st, there was short interest totaling 72,864 shares, a drop of 39.3% from the August 15th total of 120,124 shares. Based on an average daily trading volume, of 19,060 shares, the days-to-cover ratio is presently 3.8 days. Currently, 0.3% of the company’s stock are sold short.

Wall Street Analysts Forecast Growth

Separately, Btg Pactual set a $7.50 target price on Logistic Properties of the Americas in a report on Sunday, May 24th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $7.50.

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Logistic Properties of the Americas Stock Down 0.3%

LPA traded down $0.01 during trading hours on Friday, reaching $3.08. 4,486 shares of the stock traded hands, compared to its average volume of 162,279. Logistic Properties of the Americas has a fifty-two week low of $2.04 and a fifty-two week high of $6.30. The company has a market cap of $97.39 million, a price-to-earnings ratio of 5.71 and a beta of 5.40. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.80 and a quick ratio of 1.80. The firm’s fifty day simple moving average is $3.11 and its two-hundred day simple moving average is $3.18.

Logistic Properties of the Americas (NYSEAMERICAN:LPA – Get Free Report) last issued its quarterly earnings data on Tuesday, June 30th. The company reported $0.40 EPS for the quarter. The firm had revenue of $14.74 million for the quarter. Logistic Properties of the Americas had a net margin of 30.97% and a return on equity of 0.46%. As a group, analysts forecast that Logistic Properties of the Americas will post 0.14 earnings per share for the current fiscal year.

About Logistic Properties of the Americas

(Get Free Report)

Logistic Properties of the Americas is a real estate company focused on owning, developing, acquiring and operating logistics and industrial properties in Latin America. Its portfolio is designed to support distribution, warehousing and fulfillment activities for businesses serving growing urban and consumer markets.

The company primarily serves Colombia, Costa Rica and Peru, with properties positioned near major population centers, transportation corridors and commercial hubs. Its facilities are used by customers in areas such as e-commerce, retail, consumer products, third-party logistics and other industries that require modern distribution space.

Logistic Properties of the Americas became a publicly traded company in the United States through a business combination and trades on the NYSE American under the symbol LPA.

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