Lumen Technologies Inc (LUMN) recent activity suggests a positive outlook with the last week’s performance of -16.11%

Lumen Technologies Inc (NYSE: LUMN) kicked off on Monday, up 1.08% from the previous trading day, before settling in for the closing price of $3.71. Over the past 52 weeks, LUMN has traded in a range of $2.51-$10.33.

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It was noted that within the last five years, the titan of the Communication Services sector saw sales topped by 59.19%. While this was happening, its average annual earnings per share was recorded -311.32%. With a float of $941.13 million, this company’s outstanding shares have now reached $1.03 billion.

The extent of productivity of a business whose workforce counts for 25000 workers is very important to gauge. In terms of profitability, gross margin is 36.24%, operating margin of -1.68%, and the pretax margin is -13.14%.

Lumen Technologies Inc (LUMN) Insider and Institutional Ownership

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 8.28%, while institutional ownership is 70.79%. 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

According to the Wall Street analysts, stocks earnings will be around -311.32% 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 2.03. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.30. Likewise, its price to free cash flow for the trailing twelve months is 4.10.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.19, a number that is poised to hit -0.29 in the next quarter and is forecasted to reach -0.67 in one year’s time.

Technical Analysis of Lumen Technologies Inc (LUMN)

The latest stats from [Lumen Technologies Inc, LUMN] show that its last 5-days average volume of 18.85 million was superior to 12.22 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 37.69%.

During the past 100 days, Lumen Technologies Inc’s (LUMN) raw stochastic average was set at 34.91%, which indicates a significant increase from 29.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.20 in the past 14 days, which was lower than the 0.24 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $4.24, while its 200-day Moving Average is $5.11.

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