Lumen Technologies Inc (NYSE:LUMN) currently has a daily average trading volume of 9.49M but it saw 6918269 shares traded in last market. With a market cap of 1.05B USD, the company’s current market price of $1.03 came rising about 3.00 while comparing to the previous closing price of $1.00. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.34 and as low as $0.78.
Taking a look at 20-day trading activity of Lumen Technologies Inc (LUMN) gives us an average price of $1.1716, while its current price level is -55.98% below from 52-week high level whereas it is 32.03% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.2416 while that of 200 days or SMA-200 reads an average of $1.4198. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.29% during that period while stretching the period over a month that decreases to 5.48%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 32.32 which implies that the stock is in neutral territory.
Citigroup downgraded its recommendation for the stock as a “Sell” from “Neutral” on February 08, 2023 while assigning a price target range of $6.25-$3.50. Goldman issued its recommendations for the stock as it resumed the price target for the stock is $6.
Over the week, LUMN’s stock price is moving -7.21% down while it is -19.53% when we observe its performance for the past one month. Year-to-date it is -43.72% down and over the past year, the stock is showing a downside performance of -50.72%.
Currently, Lumen Technologies Inc’s total number of outstanding shares is 1.01B. Company’s return on investment (ROI) stands at -56.31% and return on equity (ROE) at -187.01%. Stock’s beta reads 1.12. Stock has a price to book (P/B) ratio of 2.08 while price to sale or P/S ratio amounts to 0.07. Its return on asset (ROA) is -27.32% on average.
