Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Lumen Technologies Inc’s current trading price is -42.12% away from its 52-week high, while its distance from the 52-week low is 102.54%. The stock’s price range over this period has fluctuated between $0.78 and $2.73. The company, operating within the financial sector, had a trading volume of approximately 10.51 million for the day, which was noticeably lower than the average daily share volume of 14.0 million over the last 3 months.
Lumen Technologies Inc ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $2.73 on 03/31/23, while the lowest value for the same period 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 -12.22% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.60B 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 1.5208, with a change in price of +0.5999. Similarly, Lumen Technologies Inc recorded 15,805,908 in trading volume during the last 100 days, posting a change of +61.21%.
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
Today, Lumen Technologies Inc’s raw stochastic average for the past 50 days stands at 55.22%, indicating a rise from the raw stochastic average of the last 20 days, which was 23.08%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 23.08% and 31.01% respectively.
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. The index has shown a price loss of -13.66% this year. Over the last six months, there has been a weaker performance of 21.54%. The price of LUMN fallen by 2.60% during the last 30 days period. For the last 5-days stocks have slided -10.73%.
