Liberty Latin America Ltd’s filing revealed that its 10% Owner MALONE JOHN C acquired Company’s shares for reported $0.75 million on Mar 28 ’24. In the deal valued at $6.99 per share,106,900 shares were bought. As a result of this transaction, MALONE JOHN C now holds 8,827,614 shares worth roughly $64.44 million.
Then, MALONE JOHN C bought 17,756 shares, generating $123,669 in total proceeds. Upon buying the shares at $6.96, the 10% Owner now owns 8,720,714 shares.
Before that, MALONE JOHN C bought 342,703 shares. Liberty Latin America Ltd shares valued at $2,385,898 were divested by the 10% Owner at a price of $6.96 per share. As a result of the transaction, MALONE JOHN C now holds 8,702,958 shares, worth roughly $63.53 million.
Scotiabank upgraded its Liberty Latin America Ltd [LILA] rating to a Sector perform from a a Sector underperform in a research note published recently. A number of analysts have revised their coverage, including Goldman’s analysts, who began to cover the stock in late May with a ‘”a Buy”‘ rating. Scotiabank also remained covering LILA and has decreased its forecast on June 03, 2022 with a “Sector underperform” recommendation from previously “Sector perform” rating. Morgan Stanley revised its rating on April 16, 2021. It rated LILA as “an Equal-weight” which previously was an “an Overweight”.
Price Performance Review of LILA
On Monday, Liberty Latin America Ltd [NASDAQ:LILA] saw its stock jump 0.97% to $7.30. Over the last five days, the stock has lost -1.35%. Liberty Latin America Ltd shares have fallen nearly -0.14% since the year began. Nevertheless, the stocks have fallen -17.51% over the past one year. While a 52-week high of $9.85 was reached on 04/11/24, a 52-week low of $5.90 was recorded on 02/23/24. SMA at 50 days reached $6.69, while 200 days put it at $7.47. A total of 0.8 million shares were traded, compared to the trading of 0.34 million shares in the previous session.
Levels Of Support And Resistance For LILA Stock
The 24-hour chart illustrates a support level at 7.17, which if violated will result in even more drops to 7.05. On the upside, there is a resistance level at 7.44. A further resistance level may holdings at 7.59. The Relative Strength Index (RSI) on the 14-day chart is 56.82, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.17, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 45.68%. Stochastics %K at 65.74% indicates the stock is a holding.
