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Scotiabank Upgrades Liberty Latin America Ltd (LILA) to a Sector perform from a Sector underperform

In a filing, Liberty Latin America Ltd revealed its Director PADDICK BRENDAN J acquired Company’s shares for reported $0.2 million on Dec 19 ’24. In the deal valued at $6.20 per share,31,989 shares were bought. As a result of this transaction, PADDICK BRENDAN J now holds 1,419,507 shares worth roughly $8.6 million.

Then, PADDICK BRENDAN J bought 18,011 shares, generating $110,208 in total proceeds. Upon buying the shares at $6.12, the Director now owns 1,437,518 shares.

Before that, PADDICK BRENDAN J bought 34,256 shares. Liberty Latin America Ltd shares valued at $239,216 were divested by the Director at a price of $6.98 per share. As a result of the transaction, PADDICK BRENDAN J now holds 1,915,768 shares, worth roughly $11.61 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 fall -1.94% to $6.06. Over the last five days, the stock has lost -12.43%. Liberty Latin America Ltd shares have fallen nearly -4.72% since the year began. Nevertheless, the stocks have fallen -13.92% over the past one year. While a 52-week high of $10.81 was reached on 01/27/25, a 52-week low of $5.90 was recorded on 02/03/25. SMA at 50 days reached $6.68, while 200 days put it at $8.50.

Levels Of Support And Resistance For LILA Stock

The 24-hour chart illustrates a support level at 5.97, which if violated will result in even more drops to 5.88. On the upside, there is a resistance level at 6.20. A further resistance level may holdings at 6.33. The Relative Strength Index (RSI) on the 14-day chart is 32.98, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.42, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.21%. Stochastics %K at 9.37% indicates the stock is a buying.

How much short interest is there in Liberty Latin America Ltd?

A steep rise in short interest was recorded in Liberty Latin America Ltd stocks on 2025-01-15, growing by 53288.0 shares to a total of 1.0 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 0.95 million shares. There was a rise of 5.33%, which implies that there is a positive sentiment for the stock.

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