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The Psychology of Lumen Technologies Inc Inc. (LUMN) Price Performance: Understanding Market Sentiment

The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. This year’s metric has recorded a Price decrease of -16.94%. However, over the past six months, we’ve seen a stronger performance of -19.58%. The price of LUMN leaped by -10.59% over the last 30 days. And in the last five days, it has surged by 16.92%.

In terms of market performance, Lumen Technologies Inc had a somewhat inconsistent run in. The highest value for the stock in the past year was $4.15 on 02/13/23, while the lowest value was $0.78 on 11/02/23.

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52-week price history of LUMN Stock

A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Lumen Technologies Inc’s current trading price is -63.37% away from its 52-week high, while its distance from the 52-week low is 94.85%. The stock’s price range over this timeframe has been between $0.78 and $4.15. The shares of the Communication Services sector company recorded a trading volume of approximately 15.35 for the day, which was comparatively higher than the average daily volume of 0.79 over the last three months.

The Connection Between Financial Performance and Market Capitalization

Lumen Technologies Inc (LUMN) has experienced a quarterly rise of 16.92% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.53B and boasts a workforce of Aug 29 2022 employees.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 1.4410, with a change in price of unch. Similarly, Lumen Technologies Inc recorded 16,169,827 in trading volume during the last 100 days, posting a change of unch.

LUMN’s Debt-to-Equity Ratio: A Comprehensive Review

A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for LUMN stands at 48.20. Similarly, the long-term debt-to-equity ratio is also 47.56.

LUMN Stock Stochastic Average

Lumen Technologies Inc’s raw stochastic average for the past 50 days is currently at 43.59%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 62.00%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 56.00% and 43.35%, respectively.

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