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 -51.11% away from its 52-week high, while its distance from the 52-week low is 69.21%. The stock’s price range for this period has been between $0.78 and $2.70 The company’s shares, which are part of the Communication Services sector, had a trading volume of approximately 14.11 million for the day, a number notably higher than the average daily volume of 11.72 million over the last three months.
Lumen Technologies Inc saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $2.70 on 05/17/23, while the lowest price for the same duration was marked at $0.78 on 11/02/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Lumen Technologies Inc (LUMN) has experienced a quarterly rise of 1.54% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.34B 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 1.5260, with a change in price of -0.1700. Similarly, Lumen Technologies Inc recorded 13,344,872 in trading volume during the last 100 days, posting a change of -11.41%.
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 37.62. Similarly, the long-term debt-to-equity ratio is also 36.89.
LUMN Stock Stochastic Average
As of today, Lumen Technologies Inc’s raw stochastic average for the last 50 days stands at 28.21%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 57.89%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 45.61% and 30.68%, respectively.
LUMN Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The index has shown a price loss of -27.87% this year. Over the last six months, there has been a weaker performance of 34.68%. The price of LUMN leaped by -1.49% during the last 30 days period. For the last 5-days stocks have improved 9.09%.
