Latam Logistic Properties (NYSEAMERICAN:LPA) Stock Price Up 1.1% – Here’s Why

Latam Logistic Properties, S.A. (NYSEAMERICAN:LPA) traded up 1.1% on Monday . The stock traded as high as $10.50 and last traded at $9.89. 39,400 shares traded hands during trading, a decline of 79% from the average session volume of 189,138 shares. The stock had previously closed at $9.78.

Latam Logistic Properties Stock Up 1.1 %

The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.76 and a current ratio of 1.76. The firm has a 50-day moving average of $10.49 and a two-hundred day moving average of $16.73.

Hedge Funds Weigh In On Latam Logistic Properties

An institutional investor recently bought a new position in Latam Logistic Properties stock. Atlas Merchant Capital LLC purchased a new stake in shares of Latam Logistic Properties, S.A. (NYSEAMERICAN:LPA) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 112,500 shares of the company’s stock, valued at approximately $1,181,000. Atlas Merchant Capital LLC owned 0.35% of Latam Logistic Properties as of its most recent SEC filing. Hedge funds and other institutional investors own 42.71% of the company’s stock.

Latam Logistic Properties Company Profile

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.