On Monday, Lumen Technologies Inc (NYSE: LUMN) was 5.53% up from the session before settling in for the closing price of $9.59. A 52-week range for LUMN has been $0.97 – $9.84.
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During the last 5-year period, the sales drop of Communication Services Sector giant was -8.97%. When this article was written, the company’s average yearly earnings per share was at -272.04%. With a float of $934.64 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 27.17%, operating margin of 3.43%, and the pretax margin is -16.94%.
Lumen Technologies Inc (LUMN) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Lumen Technologies Inc stocks. The insider ownership of Lumen Technologies Inc is 7.90%, while institutional ownership is 65.56%. 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) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 0.08 earnings per share (EPS) during the time that was better than consensus figure (set at -0.01) by 0.09. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.15 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -272.04% 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
You can see what Lumen Technologies Inc (LUMN) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.11. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.81. Likewise, its price to free cash flow for the trailing twelve months is 8.29.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.17, a number that is poised to hit -0.05 in the next quarter and is forecasted to reach -0.60 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 31.9 million, which is a jump from its year-to-date volume of 20.04 million. As of the previous 9 days, the stock’s Stochastic %D was 94.07%. Additionally, its Average True Range was 0.62.
During the past 100 days, Lumen Technologies Inc’s (LUMN) raw stochastic average was set at 97.76%, which indicates a significant increase from 95.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 74.12% in the past 14 days, which was lower than the 155.73% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.66, while its 200-day Moving Average is $3.14. However, in the short run, Lumen Technologies Inc’s stock first resistance to watch stands at $10.43. Second resistance stands at $10.75. The third major resistance level sits at $11.16. If the price goes on to break the first support level at $9.70, it is likely to go to the next support level at $9.29. Should the price break the second support level, the third support level stands at $8.97.
Lumen Technologies Inc (NYSE: LUMN) Key Stats
There are 1,014,812K outstanding shares of the company, which has a market capitalization of 10.72 billion. As of now, sales total 14,557 M while income totals -10,298 M. Its latest quarter income was 3,268 M while its last quarter net income were -49,000 K.
