Liberty Latin America Ltd (LILAK) Shares Down Despite Recent Market Volatility

Liberty Latin America Ltd (NASDAQ: LILAK)’s stock price has decreased by 0.00 compared to its previous closing price of 9.00. However, the company has seen a 8.70% increase in its stock price over the last five trading sessions. businesswire.com reported 2024-06-24 that MEXICO CITY, Mexico and DENVER, USA–(BUSINESS WIRE)–América Móvil S.A.B. de C.V. (“América Móvil” or “AMX”) (BMV: AMX, NYSE: AMX and AMOV) and Liberty Latin America Ltd. (“Liberty Latin America” or “LLA”) (NASDAQ: LILA and LILAK, OTC Link: LILAB) announce that, subject to obtaining the required approval from the National Economic Prosecutor’s Office of the Republic of Chile (Fiscalía Nacional Económica), América Móvil will be consolidating ClaroVTR into its ongoing operations. As previously d.

Is It Worth Investing in Liberty Latin America Ltd (NASDAQ: LILAK) Right Now?

LILAK has 36-month beta value of 1.12. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The public float for LILAK is 125.23M, and currently, short sellers hold a 2.32% ratio of that float. The average trading volume of LILAK on June 25, 2024 was 1.04M shares.

LILAK’s Market Performance

LILAK stock saw an increase of 8.70% in the past week, with a monthly gain of 4.41% and a quarterly increase of 25.35%. The volatility ratio for the week is 3.52%, and the volatility levels for the last 30 days are 2.81% for Liberty Latin America Ltd (LILAK). The simple moving average for the last 20 days is 3.04% for LILAK stock, with a simple moving average of 21.32% for the last 200 days.

Analysts’ Opinion of LILAK

Many brokerage firms have already submitted their reports for LILAK stocks, with Scotiabank repeating the rating for LILAK by listing it as a “Sector Perform.” The predicted price for LILAK in the upcoming period, according to Scotiabank is $2.50 based on the research report published on May 18, 2023 of the previous year 2023.

Goldman, on the other hand, stated in their research note that they expect to see LILAK reach a price target of $15. The rating they have provided for LILAK stocks is “Buy” according to the report published on October 09th, 2020.

LILAK Trading at 8.82% from the 50-Day Moving Average

After a stumble in the market that brought LILAK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.55% of loss for the given period.

Volatility was left at 2.81%, however, over the last 30 days, the volatility rate increased by 3.52%, as shares surge +5.50% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +24.59% upper at present.

During the last 5 trading sessions, LILAK rose by +8.94%, which changed the moving average for the period of 200-days by +13.32% in comparison to the 20-day moving average, which settled at $8.76. In addition, Liberty Latin America Ltd saw 22.62% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at LILAK starting from MALONE JOHN C, who purchase 106,900 shares at the price of $6.99 back on Mar 28 ’24. After this action, MALONE JOHN C now owns 8,827,614 shares of Liberty Latin America Ltd, valued at $747,135 using the latest closing price.

MALONE JOHN C, the 10% Owner of Liberty Latin America Ltd, purchase 17,756 shares at $6.96 during a trade that took place back on Mar 27 ’24, which means that MALONE JOHN C is holding 8,720,714 shares at $123,669 based on the most recent closing price.

Stock Fundamentals for LILAK

Current profitability levels for the company are sitting at:

  • 0.12 for the present operating margin
  • 0.64 for the gross margin

The net margin for Liberty Latin America Ltd stands at -0.0. The total capital return value is set at 0.05. Equity return is now at value -0.30, with -0.04 for asset returns.

Based on Liberty Latin America Ltd (LILAK), the company’s capital structure generated 0.82 points at debt to capital in total, while cash flow to debt ratio is standing at 0.1. The debt to equity ratio resting at 4.7. The interest coverage ratio of the stock is 0.86.

Currently, EBITDA for the company is 1.62 billion with net debt to EBITDA at 6.03. When we switch over and look at the enterprise to sales, we see a ratio of 2.16. The receivables turnover for the company is 4.99for trailing twelve months and the total asset turnover is 0.34. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.12.

Conclusion

To put it simply, Liberty Latin America Ltd (LILAK) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

Most Popular

Related Posts