The stock of Lumen Technologies Inc (NYSE: LUMN) has increased by 1.72 when compared to last closing price of 6.40. Despite this, the company has experienced a -7.00% fall in its stock price over the last five trading sessions. fool.com reported 2024-12-14 that With the S&P 500 and Nasdaq Composite hovering near their all-time highs, many investors might be reluctant to add new stocks to their portfolios. After all, Warren Buffett famously told investors to “be fearful when others are greedy and greedy when others are fearful,” and a lot of greed is driving many stocks to historically high valuations.
Is It Worth Investing in Lumen Technologies Inc (NYSE: LUMN) Right Now?
Additionally, the 36-month beta value for LUMN is 1.23. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 1 rating it as “overweight,” 8 rating it as “hold,” and 1 rating it as “sell.”
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The public float for LUMN is 936.86M and currently, short sellers hold a 7.50% ratio of that float. The average trading volume of LUMN on December 16, 2024 was 16.22M shares.
LUMN’s Market Performance
LUMN stock saw a decrease of -7.00% in the past week, with a monthly decline of -26.77% and a quarterly a decrease of 4.16%. The volatility ratio for the week is 5.57%, and the volatility levels for the last 30 days are 5.77% for Lumen Technologies Inc (LUMN). The simple moving average for the past 20 days is -9.42% for LUMN’s stock, with a 70.32% 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 -9.07% 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 -36.98% of loss for the given period.
Volatility was left at 5.77%, however, over the last 30 days, the volatility rate increased by 5.57%, as shares sank -24.57% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.54% lower at present.
During the last 5 trading sessions, LUMN fell by -7.00%, which changed the moving average for the period of 200-days by +301.85% in comparison to the 20-day moving average, which settled at $7.19. In addition, Lumen Technologies Inc saw 255.74% 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 1.71. 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 conclusion, Lumen Technologies Inc (LUMN) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
