Lumen Technologies Inc (NYSE:LUMN) shares, rose in value on Wednesday, March 26, with the stock price down by -5.23% to the previous day’s close as strong demand from buyers drove the stock to $4.17.
Actively observing the price movement in the last trading, the stock closed the session at $4.40, falling within a range of $4.075 and $4.425. The value of beta (5-year monthly) was 1.274. Referring to stock’s 52-week performance, its high was $10.33, and the low was $0.97. On the whole, LUMN has fluctuated by -6.08% over the past month.
With the market capitalization of Lumen Technologies Inc currently standing at about $4.27 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-03.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 12.35B, with a low estimate of 3.05B and a high estimate of 3.17B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 3.12B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that LUMN’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of LUMN currently trading nearly -13.87% and -15.96% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 35.45, while the 7-day volatility ratio is showing 9.58% which for the 30-day chart, stands at 8.03%. Furthermore, Lumen Technologies Inc (LUMN)’s beta value is 1.23, and its average true range (ATR) is 0.37.
A comparison of Lumen Technologies Inc (LUMN) with its peers suggests the former has fared considerably weaker in the market. LUMN showed an intraday change of -5.23% in last session, and over the past year, it grew by 159.01%%.
Data on historical trading for Lumen Technologies Inc (NYSE:LUMN) indicates that the trading volumes over the past 10 days have averaged 14.27 and over the past 3 months, they’ve averaged 12.43 million. According to company’s latest data on outstanding shares, there are 1.01 billion shares outstanding.
Nearly 8.21% of Lumen Technologies Inc’s shares belong to company insiders and institutional investors own 70.40% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 75.66 million shares as on 2025-03-14, resulting in a short ratio of 5.97. According to the data, the short interest in Lumen Technologies Inc (LUMN) stood at 1036.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 75.29 million. The stock has fallen by -21.47% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the LUMN stock heading into the next quarter.
