Monday, August 31, 2026

Lumen Technologies Stock Impressive Jump On Monday, Outperforms Market

ViaNews Editorial Team

October 30, 2023

Lumen Technologies Stock  Impressive Jump On Monday, Outperforms Market

(VIANEWS) - The NYSE ended the session with Lumen Technologies (LUMN) rising 11.28% to $1.48 on Monday while NYSE rose 1.02% to $14,825.89.

Lumen Technologies's last close was $1.33, 82.5% below its 52-week high of $7.60.

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 $-10.84.

The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is negative -147.78%.

Volatility

Lumen Technologies's last week, last month's, and last quarter's current intraday variation average was a positive 2.54%, a negative 0.61%, and a positive 3.99%.

Lumen Technologies's highest amplitude of average volatility was 4.03% (last week), 3.70% (last month), and 3.99% (last quarter).

Moving Average

Lumen Technologies's value is below its 50-day moving average of $1.48 and way under its 200-day moving average of $2.51.

Volume

Today's last reported volume for Lumen Technologies is 10982500 which is 32.25% below its average volume of 16211700.

More news about Lumen Technologies (LUMN).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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