Lumen Technologies Stock Bullish Momentum With A 9.07% Jump On Monday

(VIANEWS) – The NYSE ended the session with Lumen Technologies jumping 9.07% to $1.99 on Monday, after five consecutive sessions in a row of losses. NYSE rose 0.32% to $15,518.74, after two successive sessions in a row of losses, on what was a somewhat bullish trend exchanging session today.

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.

Volume

Today’s last reported volume for Lumen Technologies is 12792400 which is 45.89% below its average volume of 23645100.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is a negative 222.9% and a negative 42.9%, respectively.

More news about Lumen Technologies (LUMN).

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