Lumen Technologies Inc (NYSE: LUMN) kicked off on Friday, down -0.76% from the previous trading day, before settling in for the closing price of $1.32. Over the past 52 weeks, LUMN has traded in a range of $0.78-$2.70.
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Over the past five-year period, the drop rate of yearbook sales for the company of the Communication Services sector was -8.97%. While this was happening, its average annual earnings per share was recorded -122.03%. With a float of $984.85 million, this company’s outstanding shares have now reached $1.01 billion.
Considering the fact that the conglomerate employs 28000 people, you should pay attention to its efficiency factor.
Lumen Technologies Inc (LUMN) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Telecom Services Industry. The insider ownership of Lumen Technologies Inc is 2.47%, while institutional ownership is 67.17%. The most recent insider transaction that took place on Mar 01 ’24, was worth 47,997. In this transaction Director of this company bought 30,000 shares at a rate of $1.60, taking the stock ownership to the 30,000 shares. Before that another transaction happened on Feb 26 ’24, when Company’s Director bought 50,000 for $1.47, making the entire transaction worth $73,300. This insider now owns 272,019 shares in total.
Lumen Technologies Inc (LUMN) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.61 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -122.03% per share during the next fiscal year.
Lumen Technologies Inc (NYSE: LUMN) Trading Performance Indicators
Take a look at Lumen Technologies Inc’s (LUMN) current performance indicators. Last quarter, stock had a quick ratio of 1.23. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.09.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -10.47, a number that is poised to hit 0.02 in the next quarter and is forecasted to reach -0.09 in one year’s time.
Technical Analysis of Lumen Technologies Inc (LUMN)
Compared to the last year’s volume of 12.96 million, its volume of 7.42 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 18.20%. Additionally, its Average True Range was 0.09.
During the past 100 days, Lumen Technologies Inc’s (LUMN) raw stochastic average was set at 19.25%, which indicates a significant increase from 19.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 53.73% in the past 14 days, which was lower than the 73.62% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.5482, while its 200-day Moving Average is $1.5370. Nevertheless, the first resistance level for the watch stands at $1.3400 in the near term. At $1.3700, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.4000. If the price goes on to break the first support level at $1.2800, it is likely to go to the next support level at $1.2500. Now, if the price goes above the second support level, the third support stands at $1.2200.
Lumen Technologies Inc (NYSE: LUMN) Key Stats
The company with the Market Capitalisation of 1.32 billion has total of 1,009,756K Shares Outstanding. Its annual sales at the moment are 14,557 M in contrast with the sum of -10,298 M annual income. Company’s last quarter sales were recorded 3,517 M and last quarter income was -1,995 M.
