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The price of Lumen Technologies Inc (NYSE: LUMN) closed at $1.06 in the last session, up 2.91% from day before closing price of $1.03. In other words, the price has increased by $2.91 from its previous closing price. On the day, 8.28 million shares were traded. LUMN stock price reached its highest trading level at $1.08 during the session, while it also had its lowest trading level at $1.02.
Ratios:
We take a closer look at LUMN’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.93 and its Current Ratio is at 0.98. In the meantime, Its Debt-to-Equity ratio is 37.62 whereas as Long-Term Debt/Eq ratio is at 36.89.
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 this company, Goldman on July 01, 2024, initiated with a Sell rating and assigned the stock a target price of $1.
Citigroup Downgraded its Neutral to Sell on February 08, 2023, whereas the target price for the stock was revised from $6.25 to $3.50.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 02 ’24 when Johnson Kathleen E bought 750,000 shares for $1.28 per share. The transaction valued at 959,850 led to the insider holds 7,756,290 shares of the business.
SIEGEL LAURIE bought 30,000 shares of LUMN for $47,997 on Mar 01 ’24. The Director now owns 30,000 shares after completing the transaction at $1.60 per share. On Feb 26 ’24, another insider, GLENN T MICHAEL, who serves as the Director of the company, bought 50,000 shares for $1.47 each. As a result, the insider paid 73,300 and bolstered with 272,019 shares of the company.
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 1075942400 and an Enterprise Value of 18454937600. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.08 while its Price-to-Book (P/B) ratio in mrq is 2.14. Its current Enterprise Value per Revenue stands at 1.308 whereas that against EBITDA is 4.927.
Stock Price History:
The Beta on a monthly basis for LUMN is 1.14, which has changed by -0.48792273 over the last 52 weeks, in comparison to a change of 0.2553556 over the same period for the S&P500. Over the past 52 weeks, LUMN has reached a high of $2.24, while it has fallen to a 52-week low of $0.78. The 50-Day Moving Average of the stock is -12.78%, while the 200-Day Moving Average is calculated to be -24.82%.
Shares Statistics:
According to the various share statistics, LUMN traded on average about 9.42M shares per day over the past 3-months and 9223160 shares per day over the past 10 days. A total of 1.01B shares are outstanding, with a floating share count of 991.03M. Insiders hold about 2.36% of the company’s shares, while institutions hold 67.17% stake in the company. Shares short for LUMN as of 1718323200 were 140487198 with a Short Ratio of 14.92, compared to 1715731200 on 144882585. Therefore, it implies a Short% of Shares Outstanding of 140487198 and a Short% of Float of 19.2.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 11.94.
