Company’s 36-month beta value is 1.13.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 6 as “hold,” and 4 as “sell.”
The public float for LUMN is 990.43M, and currently, short sellers hold a 7.90% ratio of that floaft. The average trading volume of LUMN on August 30, 2024 was 34.10M shares.
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LUMN) stock’s latest price update
Lumen Technologies Inc (NYSE: LUMN)’s stock price has decreased by 0.00 compared to its previous closing price of 5.17. However, the company has seen a -17.01% decrease in its stock price over the last five trading sessions. fool.com reported 2024-08-30 that Nvidia has been an exceptional investment to own over the years. It could still rise higher, but given its high valuation, its upside could be limited for the foreseeable future.
LUMN’s Market Performance
Lumen Technologies Inc (LUMN) has seen a -17.01% fall in stock performance for the week, with a 55.72% gain in the past month and a 300.78% surge in the past quarter. The volatility ratio for the week is 10.53%, and the volatility levels for the past 30 days are at 17.21% for LUMN. The simple moving average for the last 20 days is -3.78% for LUMN stock, with a simple moving average of 181.12% for the last 200 days.
Analysts’ Opinion of LUMN
Many brokerage firms have already submitted their reports for LUMN stocks, with Wells Fargo repeating the rating for LUMN by listing it as a “Underweight.” The predicted price for LUMN in the upcoming period, according to Wells Fargo is $4 based on the research report published on August 16, 2024 of the current year 2024.
Goldman gave a rating of “Neutral” to LUMN, setting the target price at $4 in the report published on August 07th of the current year.
LUMN Trading at 72.20% from the 50-Day Moving Average
After a stumble in the market that brought LUMN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -33.97% of loss for the given period.
Volatility was left at 17.21%, however, over the last 30 days, the volatility rate increased by 10.53%, as shares surge +71.34% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +373.87% upper at present.
During the last 5 trading sessions, LUMN fell by -15.57%, which changed the moving average for the period of 200-days by +357.39% in comparison to the 20-day moving average, which settled at $5.48. In addition, Lumen Technologies Inc saw 182.51% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LUMN starting from GOFF STACEY W, who proposed sale 374,492 shares at the price of $6.36 back on Aug 08 ’24. After this action, GOFF STACEY W now owns shares of Lumen Technologies Inc, valued at $2,381,769 using the latest closing price.
GOFF STACEY W, the Officer of Lumen Technologies Inc, proposed sale 71,025 shares at $6.36 during a trade that took place back on Aug 08 ’24, which means that GOFF STACEY W is holding shares at $451,719 based on the most recent closing price.
Stock Fundamentals for LUMN
Current profitability levels for the company are sitting at:
- 0.04 for the present operating margin
- 0.33 for the gross margin
The net margin for Lumen Technologies Inc stands at -0.15. The total capital return value is set at 0.02. Equity return is now at value -150.18, with -5.98 for asset returns.
Based on Lumen Technologies Inc (LUMN), the company’s capital structure generated 0.98 points at debt to capital in total, while cash flow to debt ratio is standing at 0.17. The debt to equity ratio resting at 40.52. The interest coverage ratio of the stock is 0.44.
Currently, EBITDA for the company is 4.21 billion with net debt to EBITDA at 4.81. When we switch over and look at the enterprise to sales, we see a ratio of 1.65. The receivables turnover for the company is 10.31for trailing twelve months and the total asset turnover is 0.42. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.95.
Conclusion
In a nutshell, Lumen Technologies Inc (LUMN) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
