(VIANEWS) – Shares of Lumen Technologies (NYSE: LUMN) rose by a staggering 20.88% in 10 sessions from $1.82 to $2.20 at 20:47 EST on Thursday, after five consecutive sessions in a row of gains. NYSE is rising 0.77% to $15,737.38, following the last session’s downward trend.
About Lumen Technologies
Lumen Technologies, Inc., a facilities-based technology and communications company, provides various integrated products and services under the Lumen, Quantum Fiber, and CenturyLink brands to business and residential customers in the United States and internationally. The company operates in two segments, Business and Mass Markets. It offers compute and application services, such as edge cloud services, IT solutions, unified communication and collaboration solutions, colocation and data center services, content delivery services, and managed security services; and IP and data services, including VPN data network, Ethernet, internet protocol (IP), and voice over internet protocol. The company also provides fiber infrastructure services comprising high bandwidth optical wavelength networks; and unlit optical fiber and related professional services. In addition, it offers voice and other services, including private line services, a direct circuit or channel specifically dedicated for connecting two or more organizational sites; a portfolio of traditional time division multiplexing voice services; and synchronous optical network-based ethernet, legacy data hosting services, and conferencing services. The company was formerly known as CenturyLink, Inc. and changed its name to Lumen Technologies, Inc. in September 2020. The company was incorporated in 1968 and is headquartered in Monroe, Louisiana.
Earnings Per Share
As for profitability, Lumen Technologies has a trailing twelve months EPS of $-1.58.
Volatility
Lumen Technologies’s last week, last month’s, and last quarter’s current intraday variation average was 6.23%, 0.59%, and 4.08%.
Lumen Technologies’s highest amplitude of average volatility was 6.23% (last week), 4.88% (last month), and 4.08% (last quarter).
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Lumen Technologies’s stock is considered to be oversold (<=20).
Sales Growth
Lumen Technologies’s sales growth is negative 20.6% for the current quarter and negative 18% for the next.
Volume
Today’s last reported volume for Lumen Technologies is 17531783 which is 51.34% below its average volume of 23598700.
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