Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The closing price of Lumen Technologies Inc (NYSE: LUMN) was $8.54 for the day, down -1.04% from the previous closing price of $8.63. In other words, the price has decreased by -$1.04 from its previous closing price. On the day, 11.82 million shares were traded. LUMN stock price reached its highest trading level at $8.75 during the session, while it also had its lowest trading level at $8.39.
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 3.25 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.64. 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 8666477568 and an Enterprise Value of 24846495744. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.65 while its Price-to-Book (P/B) ratio in mrq is 25.34. Its current Enterprise Value per Revenue stands at 1.869 whereas that against EBITDA is 7.488.
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 23.16%, while the 200-Day Moving Average is calculated to be 159.51%.
Shares Statistics:
LUMN traded an average of 19.87M shares per day over the past three months and 23918520 shares per day over the past ten days. A total of 1.01B shares are outstanding, with a floating share count of 937.02M. Insiders hold about 7.67% of the company’s shares, while institutions hold 65.17% stake in the company. Shares short for LUMN as of 1730332800 were 65236185 with a Short Ratio of 3.28, compared to 1727654400 on 61162238. Therefore, it implies a Short% of Shares Outstanding of 65236185 and a Short% of Float of 8.92.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 11.94.
