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.
As of close of business last night, Lumen Technologies Inc’s stock clocked out at $1.36, up 3.82% from its previous closing price of $1.31. In other words, the price has increased by $3.82 from its previous closing price. On the day, 11.08 million shares were traded. LUMN stock price reached its highest trading level at $1.39 during the session, while it also had its lowest trading level at $1.3.
Ratios:
To gain a deeper understanding of LUMN’s stock, we examine its different 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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:
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 1381773568 and an Enterprise Value of 20384780288. 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 3.29. Its current Enterprise Value per Revenue stands at 1.4 whereas that against EBITDA is 4.935.
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. The 50-Day Moving Average of the stock is -12.16%, while the 200-Day Moving Average is calculated to be -11.51%.
Shares Statistics:
It appears that LUMN traded 12.90M shares on average per day over the past three months and 8313040 shares per day over the past ten days. 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 67.17% stake in the company. Shares short for LUMN as of 1711584000 were 143977340 with a Short Ratio of 11.16, compared to 1709164800 on 142995817. Therefore, it implies a Short% of Shares Outstanding of 143977340 and a Short% of Float of 19.650000000000002.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 11.94.
Earnings Estimates
The current assessment of Lumen Technologies Inc (LUMN) involves the perspectives of Lumen Technologies, Inc. analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is $2.68, with high estimates of $10.00 and low estimates of $0.56.
