Lumen Technologies Inc (LUMN) Beta Value: Understanding the Market Risk

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The 36-month beta value for LUMN is also noteworthy at 1.22. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 8 rating it as “hold,” and 4 rating it as “sell.”

The public float for LUMN is 937.01M, and at present, short sellers hold a 6.96% of that float. The average trading volume of LUMN on November 25, 2024 was 18.56M shares.

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LUMN) stock’s latest price update

The stock price of Lumen Technologies Inc (NYSE: LUMN) has surged by 0.38 when compared to previous closing price of 7.85, but the company has seen a -7.73% decline in its stock price over the last five trading sessions. prnewswire.com reported 2024-11-19 that Results are set forth below for (i) Lumen’s tender offers for its unsecured senior notes maturing in 2025, 2026 and 2027 and (ii) Level 3’s tender offers for its unsecured senior notes maturing in 2027 Amended terms are set forth below for (i) Lumen’s tender offer for its unsecured senior notes maturing in 2028 and (ii) Level 3’s tender offer for its unsecured senior notes maturing in 2028 DENVER, Nov. 19, 2024 /PRNewswire/ — Lumen Technologies, Inc. (NYSE: LUMN) (the “Company” or “Lumen”) announced today (1) the expiration and results of certain of the previously-announced cash tender offers (each, an “Expired Offer” and collectively, the “Expired Offers”) of it and its indirect, wholly-owned subsidiary Level 3 Financing, Inc. (“Level 3” and, together with Lumen, the “Offerors”), and (2) amendments to increase the tender offer consideration for each Offeror’s outstanding unsecured notes maturing in 2028 and extend the Expiration Time for the Amended Offers (as defined below) (collectively, with the Expired Offers, the “Offers”). Results of Below-Specified Expired Cash Tender Offers The Offers of Lumen and Level 3 to purchase any and all of their respective outstanding unsecured notes identified in the table below (collectively, the “Expired Offer Notes”) pursuant to the terms and subject to the conditions set forth in an Offer to Purchase, including the related Notice of Guaranteed Delivery attached as Appendix A thereto (the “Notice of Guaranteed Delivery”), dated November 12, 2024 (collectively, as amended by this press release, the “Offer to Purchase”) expired at 5:00 p.m.

LUMN’s Market Performance

Lumen Technologies Inc (LUMN) has seen a -7.73% fall in stock performance for the week, with a 25.48% gain in the past month and a 28.76% surge in the past quarter. The volatility ratio for the week is 6.92%, and the volatility levels for the past 30 days are at 8.32% for LUMN. The simple moving average for the past 20 days is -1.83% for LUMN’s stock, with a 128.27% simple moving average for the past 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 10.28% 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 -23.72% of loss for the given period.

Volatility was left at 8.32%, however, over the last 30 days, the volatility rate increased by 6.92%, as shares surge +22.36% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +29.39% upper at present.

During the last 5 trading sessions, LUMN fell by -7.73%, which changed the moving average for the period of 200-days by +425.33% in comparison to the 20-day moving average, which settled at $8.03. In addition, Lumen Technologies Inc saw 330.60% 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 Fowler James, who purchase 10,000 shares at the price of $4.70 back on Sep 03 ’24. After this action, Fowler James now owns 384,056 shares of Lumen Technologies Inc, valued at $46,990 using the latest closing price.

GOFF STACEY W, the INSIDER of Lumen Technologies Inc, proposed sale 374,492 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 $2,381,769 based on the most recent closing price.

Stock Fundamentals for LUMN

Current profitability levels for the company are sitting at:

  • 0.03 for the present operating margin
  • 0.32 for the gross margin

The net margin for Lumen Technologies Inc stands at -0.16. The total capital return value is set at 0.02. Equity return is now at value -166.73, with -6.11 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 0.24. The debt to equity ratio resting at 55.03. The interest coverage ratio of the stock is 0.35.

Currently, EBITDA for the company is -6.09 billion with net debt to EBITDA at 8.09. When we switch over and look at the enterprise to sales, we see a ratio of 1.82. The receivables turnover for the company is 10.6for trailing twelve months and the total asset turnover is 0.39. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.15.

Conclusion

In summary, Lumen Technologies Inc (LUMN) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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