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 $5.48 for the day, down -3.18% from the previous closing price of $5.66. In other words, the price has decreased by -$3.18 from its previous closing price. On the day, 9.27 million shares were traded. LUMN stock price reached its highest trading level at $5.97 during the session, while it also had its lowest trading level at $5.47.
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 2.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.30. For the most recent quarter (mrq), Quick Ratio is recorded 1.11 and its Current Ratio is at 1.15. In the meantime, Its Debt-to-Equity ratio is 55.03 whereas as Long-Term Debt/Eq ratio is at 53.05.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Wells Fargo on August 16, 2024, Downgraded its rating to Underweight and sets its target price to $4 from $1.75 previously.
Goldman Upgraded its Sell to Neutral on August 07, 2024, whereas the target price for the stock was revised from $1 to $4.
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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LUMN now has a Market Capitalization of 5561158656 and an Enterprise Value of 21741170688. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.42 while its Price-to-Book (P/B) ratio in mrq is 16.26. Its current Enterprise Value per Revenue stands at 1.635 whereas that against EBITDA is 6.552.
Stock Price History:
The Beta on a monthly basis for LUMN is 1.29, which has changed by 3.1925926 over the last 52 weeks, in comparison to a change of 0.23171377 over the same period for the S&P500. 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 -19.02%, while the 200-Day Moving Average is calculated to be 27.91%.
Shares Statistics:
LUMN traded an average of 14.69M shares per day over the past three months and 7848820 shares per day over the past ten days. A total of 1.01B shares are outstanding, with a floating share count of 936.90M. Insiders hold about 7.68% of the company’s shares, while institutions hold 65.93% stake in the company. Shares short for LUMN as of 1735603200 were 72692433 with a Short Ratio of 4.95, compared to 1732838400 on 70307035. Therefore, it implies a Short% of Shares Outstanding of 72692433 and a Short% of Float of 9.94.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 11.94.
