Lumen Technologies Inc (NYSE: LUMN) started the day on Wednesday, with a price decrease of -0.75% at $1.32, before settling in for the price of $1.33 at the close. Taking a more long-term approach, LUMN posted a 52-week range of $0.78-$2.70.
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In the past 5-years timespan, the Communication Services sector firm’s annual sales growth was -8.97%. Meanwhile, its Annual Earning per share during the time was -45.15%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -99.30%. This publicly-traded company’s shares outstanding now amounts to $1.01 billion, simultaneously with a float of $984.85 million. The organization now has a market capitalization sitting at $1.33 billion. At the time of writing, stock’s 50-day Moving Average stood at $1.5516, while the 200-day Moving Average is $1.5464.
Lumen Technologies Inc (LUMN) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Telecom Services Industry. Lumen Technologies Inc’s current insider ownership accounts for 2.47%, in contrast to 67.16% institutional ownership. According to the most recent insider trade that took place on Mar 01 ’24, this organization’s Director bought 30,000 shares at the rate of 1.60, making the entire transaction reach 47,997 in total value, affecting insider ownership by 30,000. Preceding that transaction, on Feb 26 ’24, Company’s Director bought 50,000 for 1.47, making the whole transaction’s value amount to 73,300. This particular insider is now the holder of 272,019 in total.
Lumen Technologies Inc (LUMN) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.65 per share during the current fiscal year.
Lumen Technologies Inc’s EPS decrease for this current 12-month fiscal period is -99.30% and is forecasted to reach -0.09 in the upcoming year.
Lumen Technologies Inc (NYSE: LUMN) Trading Performance Indicators
Let’s observe the current performance indicators for Lumen Technologies Inc (LUMN). It’s Quick Ratio in the last reported quarter now stands at 1.23. The Stock has managed to achieve an average true range (ATR) of 0.10. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.09.
In the same vein, LUMN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -10.47, a figure that is expected to reach 0.02 in the next quarter, and analysts are predicting that it will be -0.09 at the market close of one year from today.
Technical Analysis of Lumen Technologies Inc (LUMN)
If we take a close look at the recent performances of Lumen Technologies Inc (NYSE: LUMN), its last 5-days Average volume was 7.59 million that shows plunge from its year to date volume of 13.13 million. During the previous 9 days, stock’s Stochastic %D was recorded 33.33% While, its Average True Range was 0.0887.
Raw Stochastic average of Lumen Technologies Inc (LUMN) in the period of the previous 100 days is set at 20.50%, which indicates a major rise in contrast to 14.29% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 58.21% that was lower than 73.79% volatility it exhibited in the past 100-days period.
