The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Lumen Technologies Inc’s current trading price is -41.03% away from its 52-week high, while its distance from the 52-week low is 106.38%. The stock’s price range for this period has been between $0.78 and $2.73 The company’s shares, which are part of the Communication Services sector, had a trading volume of approximately 12.2 million for the day, a number notably lower than the average daily volume of 14.01 million over the last three months.
In terms of market performance, Lumen Technologies Inc had a fairly uneven. The highest value for the stock in the past year was $2.73 on 03/31/23, and the lowest value was recorded at $0.78 on 11/02/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Lumen Technologies Inc (LUMN) has experienced a quarterly decline of -7.47% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.63B and boasts a workforce of 28000 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.5139, with a change in price of +0.1200. Similarly, Lumen Technologies Inc recorded 16,401,785 in trading volume during the last 100 days, posting a change of +8.05%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared 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, Lumen Technologies Inc’s raw stochastic average for the last 50 days stands at 59.70%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 30.77%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 42.41% and 54.14%, respectively.
LUMN Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. The metric has seen a significant loss of -12.02% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 6.62%. Over the past 30 days, the price of LUMN has fallen by 7.33%. And in the last five days, it has fallen by 0.00%.
