Short Interest in Logistic Properties of the Americas (NYSEAMERICAN:LPA) Decreases By 39.3%

Logistic Properties of the Americas (NYSEAMERICAN:LPA) was the target of a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 72,864 shares, a decline of 39.3% from the August 15th total of 120,124 shares. Based on an average daily volume of 19,060 shares, the days-to-cover ratio is presently 3.8 days. Approximately 0.3% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

Separately, Btg Pactual set a $7.50 target price on Logistic Properties of the Americas in a research report on Sunday, May 24th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $7.50.

Logistic Properties of the Americas Stock Performance

Shares of NYSEAMERICAN:LPA traded up $0.06 during trading hours on Wednesday, hitting $3.16. The stock had a trading volume of 5,531 shares, compared to its average volume of 163,943. The stock’s fifty day simple moving average is $3.12 and its 200 day simple moving average is $3.18. The firm has a market capitalization of $99.92 million, a price-to-earnings ratio of 5.85 and a beta of 5.40. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.80 and a current ratio of 1.80. Logistic Properties of the Americas has a 1-year low of $2.04 and a 1-year high of $6.31.

Logistic Properties of the Americas (NYSEAMERICAN:LPA) last issued its quarterly earnings data on Tuesday, June 30th. The company reported $0.40 earnings per share (EPS) for the quarter. Logistic Properties of the Americas had a return on equity of 0.46% and a net margin of 30.97%.The business had revenue of $14.74 million during the quarter. Sell-side analysts anticipate that Logistic Properties of the Americas will post 0.14 earnings per share for the current fiscal year.

Logistic Properties of the Americas Company Profile

Logistic Properties of the Americas is a real estate company focused on owning, developing, acquiring and operating logistics and industrial properties in Latin America. Its portfolio is designed to support distribution, warehousing and fulfillment activities for businesses serving growing urban and consumer markets.

The company primarily serves Colombia, Costa Rica and Peru, with properties positioned near major population centers, transportation corridors and commercial hubs. Its facilities are used by customers in areas such as e-commerce, retail, consumer products, third-party logistics and other industries that require modern distribution space.

Logistic Properties of the Americas became a publicly traded company in the United States through a business combination and trades on the NYSE American under the symbol LPA.