Liberty Latin America (LILAK) to Release Quarterly Earnings on Tuesday

Liberty Latin America (NASDAQ:LILAK) will be releasing its earnings data after the market closes on Tuesday, August 6th.

Liberty Latin America Stock Performance

Shares of NASDAQ LILAK traded up $0.13 during mid-day trading on Wednesday, hitting $10.60. 83,251 shares of the stock traded hands, compared to its average volume of 1,117,559. The stock has a fifty day moving average price of $9.24 and a 200-day moving average price of $7.89. The company has a market cap of $2.09 billion, a price-to-earnings ratio of -348.88 and a beta of 1.14. Liberty Latin America has a 52 week low of $5.95 and a 52 week high of $10.63.

Insider Buying and Selling at Liberty Latin America

In related news, insider Dustin Henderson sold 5,906 shares of the business’s stock in a transaction on Tuesday, July 16th. The shares were sold at an average price of $10.00, for a total value of $59,060.00. Following the sale, the insider now owns 1,600 shares in the company, valued at $16,000. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other Liberty Latin America news, Director Brendan J. Paddick bought 150,000 shares of the company’s stock in a transaction that occurred on Monday, June 24th. The shares were purchased at an average cost of $9.10 per share, for a total transaction of $1,365,000.00. Following the purchase, the director now directly owns 1,036,108 shares in the company, valued at $9,428,582.80. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Dustin Henderson sold 5,906 shares of the stock in a transaction dated Tuesday, July 16th. The shares were sold at an average price of $10.00, for a total value of $59,060.00. Following the completion of the sale, the insider now owns 1,600 shares of the company’s stock, valued at $16,000. The disclosure for this sale can be found here. Corporate insiders own 9.66% of the company’s stock.

Analyst Upgrades and Downgrades

LILAK has been the subject of several research reports. Scotiabank upgraded shares of Liberty Latin America from a “sector perform” rating to a “sector outperform” rating and increased their price target for the stock from $7.70 to $10.70 in a research note on Monday, May 13th. Pivotal Research lifted their target price on shares of Liberty Latin America from $17.00 to $18.00 and gave the company a “buy” rating in a report on Friday, May 10th.

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.