Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of Lumen Technologies Inc (NYSE: LUMN) was $4.39 for the day, down -0.23% from the previous closing price of $4.40. In other words, the price has decreased by -$0.23 from its previous closing price. On the day, 10.49 million shares were traded.
Ratios:
Our analysis of LUMN’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.37 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.43. For the most recent quarter (mrq), Quick Ratio is recorded 1.11 and its Current Ratio is at 1.14. In the meantime, Its Debt-to-Equity ratio is 62.03 whereas as Long-Term Debt/Eq ratio is at 59.98.
On February 26, 2025, Citigroup Upgraded its rating to Buy which previously was Neutral and also lowered its target price recommendation from $8 to $6.50.
Wells Fargo Upgraded its Underweight to Equal Weight on February 21, 2025, while the target price for the stock was maintained at $5.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 03 ’24 when Fowler James bought 10,000 shares for $4.70 per share. The transaction valued at 46,990 led to the insider holds 384,056 shares of the business.
GOFF STACEY W bought 374,492 shares of LUMN for $2,381,769 on Aug 08 ’24. On Aug 08 ’24, another insider, GOFF STACEY W, who serves as the Officer of the company, bought 71,025 shares for $6.36 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.35 while its Price-to-Book (P/B) ratio in mrq is 15.57.
Stock Price History:
Over the past 52 weeks, LUMN has reached a high of $10.33, while it has fallen to a 52-week low of $0.97. The 50-Day Moving Average of the stock is 7.30%, while the 200-Day Moving Average is calculated to be -20.27%.
Shares Statistics:
A total of 1.02B shares are outstanding, with a floating share count of 940.38M. Insiders hold about 8.34% of the company’s shares, while institutions hold 69.87% stake in the company.
