In last trading session, Lumen Technologies Inc (NYSE:LUMN) saw 19.35 million shares changing hands with its beta currently measuring 1.30. Company’s recent per share price level of $4.02 trading at $0.18 or 4.69% at ring of the bell on the day assigns it a market valuation of $4.12B. That closing price of LUMN’s stock is at a discount of -156.97% from its 52-week high price of $10.33 and is indicating a premium of 75.87% from its 52-week low price of $0.97. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 18.99 million shares which gives us an average trading volume of 13.15 million if we extend that period to 3-months.
For Lumen Technologies Inc (LUMN), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 2.86. Splitting up the data highlights that, out of 7 analysts covering the stock, 3 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Lumen Technologies Inc (NYSE:LUMN) trade information
Upright in the green during last session for gaining 4.69%, in the last five days LUMN remained trading in the red while hitting it’s week-highest on Thursday, 03/27/25 when the stock touched $4.02 price level, adding 3.6% to its value on the day. Lumen Technologies Inc’s shares saw a change of -24.29% in year-to-date performance and have moved -3.60% in past 5-day. Lumen Technologies Inc (NYSE:LUMN) showed a performance of -16.42% in past 30-days. Number of shares sold short was 75.66 million shares which calculate 5.97 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 4 to the stock, which implies a fall of -0.5% to its current value. Analysts have been projecting 3.15 as a low price target for the stock while placing it at a high target of 10. It follows that stock’s current price would jump 21.64% in reaching the projected high whereas dropping to the targeted low would mean a gain of 21.64% for stock’s current value.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 59.19% during past 5 years.
Lumen Technologies Inc (NYSE:LUMN)’s Major holders
Insiders are in possession of 8.03% of company’s total shares while institution are holding 70.57 percent of that, with stock having share float percentage of 76.73%. Investors also watch the number of corporate investors in a company very closely, which is 70.57% institutions for Lumen Technologies Inc that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at LUMN for having 148.83 million shares of worth $163.72 million. And as of 2024-06-30, it was holding 15.0757 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 118.12 million shares on 2024-06-30. The number of shares represents firm’s hold over 11.9933 of outstanding shares, having a total worth of $129.93 million.
