Liberty Latin America Ltd. (NASDAQ:LILAK) is offering a substantial bargain with a P/S ratio at 0.91. The broad Television Services industry has an average P/S ratio of 1.31, which represents discount over the sector’s 2.73. In the past 5-year record, this ratio went down as low as 0.61 and as high as 1.82. Also, it is up from 0.75 of the total 405 rivals across the globe.
LILAK traded at an unexpectedly low level on 01/09/2019 when the stock experienced a 2.28% gain to a closing price of $17.06. The company saw 403503 shares trade hands over the course of the day. Given that its average daily volume over the last 5 days has been 419880 shares a day, this signifies a pretty significant change over the norm.
Analysts are speculating a 75.85% move, based on the high target price ($30) for the shares that is set to reach in the next 12 months. The analysts, on average, are forecasting a $22.95 price target, but the stock is already up 22.23% from its recent lows. However, the stock is trading at -28.68% versus recent highs ($23.92). Analysts believe that we could see stock price minimum in the $19 range (lowest target price), allowing for another 11.37% jump from its current position. Leading up to this report, we have seen a -0.29% fall in the stock price over the last 30 days and a -20.58% decline over the past 3 months. Overall, the share price is up 17.09% so far this year. Additionally, the stock had a day price range of $16.59 to $17.13.Liberty Latin America Ltd. (LILAK) Price Potential
Heading into the stock price potential, Liberty Latin America Ltd. needs to grow just 28.96% to cross its median price target of $22. In order to determine directional movement, the 50-day and 200-day moving averages for Liberty Latin America Ltd. (NASDAQ:LILAK) are $16.5 and $18.71. Given that liquidity is king in short-term, LILAK is a stock with 130.49 million shares outstanding that normally trades 0% of its float. The stock price recently experienced a 5-day gain of 12.83% with 0.71 average true range (ATR). LILAK has a beta of 0 and RSI is 57.51.
Investors also need to beware of the IMAX Corporation (NYSE:IMAX) valuations. The stock trades on a P/S of 4.16, which suggests that the shares are attractive compared with peers. The broad Industrial Machinery/Components industry has an average P/S ratio of 5.29, which is significantly worse than the sector’s 1.93. In the past 13-year record, this ratio went down as low as 1 and as high as 11.07. Also, it is down from 0.75 of the total 395 rivals across the globe.IMAX Corporation (IMAX)’s Lead Over its Technicals
IMAX Corporation by far traveled 11.11% versus a 1-year low price of $17.55. The share price was last seen -2.5% lower, reaching at $19.5 on Jan. 09, 2019. At recent session, the prices were hovering between $19.48 and $20.18. This company shares are 37.08% off its target price of $26.73 and the current market capitalization stands at $1.19B. The recent change has given its price a 1.73% lead over SMA 50 and -25.29% deficit over its 52-week high. The stock witnessed 5.23% gains, -21.59% declines and -15.03% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found IMAX’s volatility during a week at 3.53% and during a month it has been found around 3.48%.
IMAX Corporation (IMAX) exchanged hands at an unexpectedly low level of 311056 shares over the course of the day. Noting its average daily volume at 596840 shares each day over the month, this signifies a pretty significant change over the norm.IMAX Corporation Target Levels
The market experts are predicting a 74.36% rally, based on the high target price ($34) for IMAX Corporation shares that is likely to be hit in the 52 weeks. Analysts anticipate that traders could see stock price minimum in the $21.5 range (lowest target price). If faced, it would be a 10.26% jump from its current position. Overall, the share price is up 3.67% year to date.