For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
In the latest session, Lumen Technologies Inc (NYSE: LUMN) closed at $4.00 down -1.72% from its previous closing price of $4.07. In other words, the price has decreased by -$1.72 from its previous closing price. On the day, 10.61 million shares were traded.
Ratios:
For a deeper understanding of Lumen Technologies Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.16 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.04. 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:
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 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 0.32 while its Price-to-Book (P/B) ratio in mrq is 14.19.
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 4.37%, while the 200-Day Moving Average is calculated to be -26.10%.
Shares Statistics:
A total of 1.02B shares are outstanding, with a floating share count of 940.92M. Insiders hold about 8.28% of the company’s shares, while institutions hold 70.74% stake in the company.
