Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The index has shown a price gain of 223.50% this year. Over the last six months, there has been a weaker performance of 463.81%. The price of LUMN leaped by -21.59% during the last 30 days period. For the last 5-days stocks have slided -9.06%.
Lumen Technologies Inc had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $10.33 on 11/11/24, while the lowest price during the same period was $0.97 on 07/01/24.
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 -42.69% away from its 52-week high, while its distance from the 52-week low is 510.21%. The stock’s price range over this timeframe has been between $0.97 and $10.33. The shares of the Communication Services sector company recorded a trading volume of approximately 42.97 million for the day, which was comparatively higher than the average daily volume of 15.88 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Lumen Technologies Inc (LUMN) has experienced a quarterly decline of -18.68% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.87B and boasts a workforce of 28000 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 6.49, with a change in price of +2.77. Similarly, Lumen Technologies Inc recorded 27,967,395 in trading volume during the last 100 days, posting a change of +87.94%.
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 55.03. Similarly, the long-term debt-to-equity ratio is also 53.05.
LUMN Stock Stochastic Average
Lumen Technologies Inc’s raw stochastic average for the past 50 days is currently at 5.36%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 9.56%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 9.69% and 6.46%, respectively.