Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Lumen Technologies Inc’s current trading price is -38.97% away from its 52-week high, while its distance from the 52-week low is 138.43%. The stock’s price range during this period has varied between $0.78 and $3.05. The company, active in the Communication Services sector, saw a trading volume of around 5.87 million for the day, considerably lower average daily volume of 14.79 million observed over the last three months.
Lumen Technologies Inc’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $3.05 on 03/31/23, and the lowest price during the same period was recorded at $0.78 on 11/02/23.
How Financial Performance Impacts Market Capitalization
Lumen Technologies Inc (LUMN) has experienced a quarterly rise of 29.17% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.88B and boasts a workforce of 28000 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.4878, with a change in price of +0.4900. Similarly, Lumen Technologies Inc recorded 15,976,081 in trading volume during the last 100 days, posting a change of +36.30%.
How LUMN’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for LUMN stands at 51.07. Similarly, the long-term debt-to-equity ratio is also 50.05.
LUMN Stock Stochastic Average
As of today, the raw stochastic average of Lumen Technologies Inc over the past 50 days is 84.00%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 90.59%. Additionally, the Stochastic %K and %D values for the company were 90.00% and 85.21%, respectively, over the past 20 days.
LUMN Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a gain of 1.64%.However, over the last six months, we can see a weaker performance of 30.99%. Over the last 30 days, the price of LUMN has fallen by 24.00%. And in the last five days, it has surged by 10.06%.
