The Question Is Whether To Buy Or Not To Buy Lumen Technologies Inc (NYSE: LUMN)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

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Stocks Info

Lumen Technologies Inc is listed on the NYSE as a member of the Communication Services sector and is a part of the Telecom Services industry. The current market capitalization of Lumen Technologies Inc is $1.38B. A total of 8.36 million shares were traded on the day, compared to an average of 13.38M shares.

In the most recent transaction, SIEGEL LAURIE bought 30,000 shares of LUMN for 1.60 per share on Mar 01 ’24. After the transaction, the Director now owns 30,000 company shares. In a previous transaction on Feb 26 ’24, GLENN T MICHAEL bought 50,000 shares at 1.47 per share. LUMN shares that Director owns now total 272,019.

Among the insiders who bought shares, Fowler James acquired of 33,500 shares on Feb 13 ’24 at a per-share price of $1.68. This resulted in the Director holding 216,538 shares of LUMN after the transaction. In another insider transaction, Fowler James bought 30,000 shares at $1.50 per share on Feb 09 ’24. Company shares held by the Director now total 183,038.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. LUMN’s most recent ex-dividend date was 8/29/2022 when it declared a $0.25 quarterly dividend that was paid in cash on 9/9/2022. Previously, the company paid the dividend on 6/10/2022 with an ex-dividend date of 5/27/2022. The LUMN stock dividend was $0.25 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, LUMN has a high of $2.70 and a low of $0.78.

As of this writing, LUMN has an earnings estimate of $Golden Minerals Company per share for the current quarter. EPS was calculated based on a consensus of Lumen Technologies, Inc. estimates, with a high estimate of $LUMP per share and a lower estimate of $Lumos Pharma, Inc..

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. LUMN’s latest balance sheet shows that the firm has $354.00M in Cash & Short Term Investments as of fiscal 2021. There were $29.37B in debt and $7.17B in liabilities at the time. Its Book Value Per Share was $0.41, while its Total Shareholder’s Equity was $11.84B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for LUMN is Buy with a score of 2.22.

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