On Monday, Lumen Technologies Inc (NYSE: LUMN) opened higher 6.86% from the last session, before settling in for the closing price of $7.00. Price fluctuations for LUMN have ranged from $0.78 to $7.83 over the past 52 weeks.
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During the last 5-year period, the sales drop of Communication Services Sector giant was -8.97%. Company’s average yearly earnings per share was noted -257.97% at the time writing. With a float of $936.49 million, this company’s outstanding shares have now reached $1.01 billion.
Let’s determine the extent of company efficiency that accounts for 28000 employees. In terms of profitability, gross margin is 33.41%, operating margin of 4.03%, and the pretax margin is -15.79%.
Lumen Technologies Inc (LUMN) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Telecom Services industry is another important factor to consider. The insider ownership of Lumen Technologies Inc is 7.90%, while institutional ownership is 64.96%. The most recent insider transaction that took place on Sep 03 ’24, was worth 46,990. In this transaction Director of this company bought 10,000 shares at a rate of $4.70, taking the stock ownership to the 384,056 shares. Before that another transaction happened on Aug 08 ’24, when Company’s INSIDER proposed sale 374,492 for $6.36, making the entire transaction worth $2,381,769.
Lumen Technologies Inc (LUMN) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -257.97% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -2.00% during the next five years compared to -45.15% drop over the previous five years of trading.
Lumen Technologies Inc (NYSE: LUMN) Trading Performance Indicators
Check out the current performance indicators for Lumen Technologies Inc (LUMN). In the past quarter, the stock posted a quick ratio of 0.90. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.61. Likewise, its price to free cash flow for the trailing twelve months is 0.93.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.10, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach -0.47 in one year’s time.
Technical Analysis of Lumen Technologies Inc (LUMN)
Looking closely at Lumen Technologies Inc (NYSE: LUMN), its last 5-days average volume was 16.08 million, which is a drop from its year-to-date volume of 19.76 million. As of the previous 9 days, the stock’s Stochastic %D was 67.97%. Additionally, its Average True Range was 0.47.
During the past 100 days, Lumen Technologies Inc’s (LUMN) raw stochastic average was set at 94.90%, which indicates a significant increase from 82.66% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 70.03% in the past 14 days, which was lower than the 154.88% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.29, while its 200-day Moving Average is $2.95. However, in the short run, Lumen Technologies Inc’s stock first resistance to watch stands at $7.78. Second resistance stands at $8.09. The third major resistance level sits at $8.54. If the price goes on to break the first support level at $7.03, it is likely to go to the next support level at $6.58. Now, if the price goes above the second support level, the third support stands at $6.27.
Lumen Technologies Inc (NYSE: LUMN) Key Stats
There are currently 1,016,810K shares outstanding in the company with a market cap of 8.33 billion. Presently, the company’s annual sales total 14,557 M according to its annual income of -10,298 M. Last quarter, the company’s sales amounted to 3,268 M and its income totaled -49,000 K.
