Latam Logistic Properties (NYSEAMERICAN:LPA) Stock Price Down 2.4% – Time to Sell?

Shares of Latam Logistic Properties, S.A. (NYSEAMERICAN:LPA) traded down 2.4% on Tuesday . The stock traded as low as $10.40 and last traded at $10.79. 16,704 shares changed hands during trading, a decline of 39% from the average session volume of 27,445 shares. The stock had previously closed at $11.05.

Latam Logistic Properties Price Performance

The company has a debt-to-equity ratio of 0.98, a current ratio of 1.76 and a quick ratio of 1.76. The stock has a fifty day simple moving average of $10.49 and a 200-day simple moving average of $16.73.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Latam Logistic Properties stock. Atlas Merchant Capital LLC bought a new stake in shares of Latam Logistic Properties, S.A. (NYSEAMERICAN:LPA) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 112,500 shares of the company’s stock, valued at approximately $1,181,000. Atlas Merchant Capital LLC owned approximately 0.35% of Latam Logistic Properties at the end of the most recent reporting period. 42.71% of the stock is owned by institutional investors and hedge funds.

About Latam Logistic Properties

Logistic Properties of the Americas develops, owns, manages, and operates industrial and logistics real estate properties in Costa Rica, Colombia, and Peru. Its customers include third party logistics, retailer, consumer goods distribution, and others. The company is based in Miami, Florida.