On Tuesday, Lumen Technologies Inc (NYSE: LUMN) was 0.42% up from the session before settling in for the closing price of $4.79. A 52-week range for LUMN has been $0.97 – $10.33.
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Annual sales at Communication Services sector company slipped by -9.26% over the past five years. When this article was written, the company’s average yearly earnings per share was at -390.14%. With a float of $934.51 million, this company’s outstanding shares have now reached $1.01 billion.
Let’s look at the performance matrix of the company that is accounted for 25000 employees. In terms of profitability, gross margin is 50.5%, operating margin of 3.64%, and the pretax margin is 1.36%.
Lumen Technologies Inc (LUMN) Insider and Institutional Ownership
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 7.82%, while institutional ownership is 70.46%. 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) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.26 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -390.14% per share during the next fiscal year.
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 0.37. Likewise, its price to free cash flow for the trailing twelve months is 4.43.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.06, a number that is poised to hit -0.26 in the next quarter and is forecasted to reach -0.74 in one year’s time.
Technical Analysis of Lumen Technologies Inc (LUMN)
Lumen Technologies Inc (NYSE: LUMN) saw its 5-day average volume 13.89 million, a positive change from its year-to-date volume of 12.25 million. As of the previous 9 days, the stock’s Stochastic %D was 60.50%. Additionally, its Average True Range was 0.37.
During the past 100 days, Lumen Technologies Inc’s (LUMN) raw stochastic average was set at 9.95%, which indicates a significant decrease from 64.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 63.18% in the past 14 days, which was lower than the 68.45% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.21, while its 200-day Moving Average is $4.81. Nevertheless, the first resistance level for the watch stands at $5.05 in the near term. At $5.29, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.56. If the price goes on to break the first support level at $4.54, it is likely to go to the next support level at $4.27. The third support level lies at $4.03 if the price breaches the second support level.
Lumen Technologies Inc (NYSE: LUMN) Key Stats
There are 1,013,799K outstanding shares of the company, which has a market capitalization of 4.88 billion. As of now, sales total 13,108 M while income totals -55,000 K. Its latest quarter income was 3,329 M while its last quarter net income were 85,000 K.
