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 fifty day moving average during trading on Wednesday . The stock has a fifty 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 changing hands.

Liberty Latin America Stock Up 4.1 %

The company has a market capitalization of $1.30 billion, a PE ratio of -2.25 and a beta of 1.04. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 4.31. The business’s 50 day simple moving average is $6.75 and its 200 day simple moving average is $8.65.

Insider Activity

In other Liberty Latin America news, Director Brendan J. Paddick bought 18,011 shares of the company’s stock in a transaction dated Monday, December 23rd. The shares were bought at an average price of $6.12 per share, for a total transaction of $110,227.32. Following the acquisition, the director now directly owns 1,437,518 shares of the company’s stock, valued at approximately $8,797,610.16. This trade represents a 1.27 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders have acquired 156,298 shares of company stock worth $1,043,886 in the last 90 days. Company insiders own 11.35% of the company’s stock.

Hedge Funds Weigh In On Liberty Latin America

A number of large investors have recently made changes to their positions in LILA. FMR LLC increased its holdings in shares of Liberty Latin America by 60,327.0% in the 3rd quarter. FMR LLC now owns 2,160,869 shares of the company’s stock valued at $20,701,000 after purchasing an additional 2,157,293 shares during the period. Banco Santander S.A. increased its holdings in Liberty Latin America by 47.8% in the third quarter. Banco Santander S.A. now owns 800,000 shares of the company’s stock worth $7,664,000 after buying an additional 258,631 shares during the last quarter. State of New Jersey Common Pension Fund D acquired a new position in Liberty Latin America in the second quarter worth approximately $2,073,000. Zacks Investment Management acquired a new position in Liberty Latin America in the third quarter worth approximately $648,000. Finally, Sanctuary Advisors LLC acquired a new position in Liberty Latin America in the second quarter worth approximately $608,000. Institutional investors and hedge funds own 18.48% of the company’s stock.

About Liberty Latin America

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.