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 loss of -25.14%.However, over the last six months, we can see a weaker performance of 1.48%. Over the last 30 days, the price of LUMN has leaped by -20.81%. And in the last five days, it has fallen by -6.16%.
Lumen Technologies Inc’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $2.70 on 05/17/23 and a low of $0.78 for the same time frame on 11/02/23.
52-week price history of LUMN Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Lumen Technologies Inc’s current trading price is -49.26% away from its 52-week high, while its distance from the 52-week low is 75.62%. The stock’s price range during this period has varied between$0.78 and $2.70. The Lumen Technologies Inc’s shares, which operate in the Communication Services, saw a trading volume of around 6.91 million for the day, a figure considerably lower than their average daily volume of 13.89 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Lumen Technologies Inc (LUMN) has experienced a quarterly decline of -19.41% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.38B and boasts a workforce of 28000 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.5351, with a change in price of +0.1800. Similarly, Lumen Technologies Inc recorded 13,990,162 in trading volume during the last 100 days, posting a change of +15.13%.
LUMN’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of 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 23.88%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 16.39%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 9.90% and 8.41%, respectively.
