During the last session, Lumen Technologies Inc (NYSE:LUMN)’s traded shares were 12.18 million, with the beta value of the company hitting 1.14. At the end of the trading day, the stock’s price was $1.21, reflecting an intraday loss of -6.20% or -$0.08. The 52-week high for the LUMN share is $2.70, that puts it down -123.14 from that peak though still a striking 35.54% gain since the share price plummeted to a 52-week low of $0.78. The company’s market capitalization is $1.22B, and the average trade volume was 12.86 million shares over the past three months.
Lumen Technologies Inc (NYSE:LUMN) trade information
Lumen Technologies Inc (LUMN) registered a -6.20% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -6.20% in intraday trading to $1.21, hitting a weekly high. The stock’s 5-day price performance is -8.33%, and it has moved by -21.94% in 30 days. Based on these gigs, the overall price performance for the year is -49.37%.
Lumen Technologies Inc (LUMN) estimates and forecasts
Statistics show that Lumen Technologies Inc has underperformed its competitors in share price, compared to the industry in which it operates. Lumen Technologies Inc (LUMN) shares have gone down -11.68% during the last six months, with a year-to-date growth rate less than the industry average at -220.00% against 18.50. In the rating firms’ projections, revenue will decrease -8.40% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 3.37B as predicted by 9 analyst(s). Meanwhile, a consensus of 8 analyst(s) estimates revenue growth to 3.33B by the end of current fiscal year.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -45.15%. While earnings are projected to return -122.03% in 2024.
LUMN Dividends
Lumen Technologies Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
