In the latest session, Lumen Technologies Inc (NYSE: LUMN) closed at $1.33 down -2.92% from its previous closing price of $1.37. On the day, 6884949 shares were traded.
Ratios:
For a deeper understanding of Lumen Technologies Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.23 and its Current Ratio is at 1.29. In the meantime, Its Debt-to-Equity ratio is 51.07 whereas as Long-Term Debt/Eq ratio is at 50.05.
On February 08, 2023, Citigroup Downgraded its rating to Sell which previously was Neutral and also lowered its target price recommendation from $6.25 to $3.50.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 01 ’24 when SIEGEL LAURIE bought 30,000 shares for $1.60 per share. The transaction valued at 47,997 led to the insider holds 30,000 shares of the business.
GLENN T MICHAEL bought 50,000 shares of LUMN for $73,300 on Feb 26 ’24. The Director now owns 272,019 shares after completing the transaction at $1.47 per share. On Feb 13 ’24, another insider, Fowler James, who serves as the Director of the company, bought 33,500 shares for $1.68 each. As a result, the insider paid 56,428 and bolstered with 216,538 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.09 while its Price-to-Book (P/B) ratio in mrq is 3.22.
Stock Price History:
Over the past 52 weeks, LUMN has reached a high of $2.70, while it has fallen to a 52-week low of $0.78.
Shares Statistics:
A total of 1.01B shares are outstanding, with a floating share count of 984.85M. Insiders hold about 2.47% of the company’s shares, while institutions hold 67.16% stake in the company.
Earnings Estimates
There are Lumen Technologies, Inc. different market analysts currently analyzing its stock.
