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How to Buy Lumen Technologies Stock

Lumen Technologies Inc

Lumen Technologies, Inc. , a facilities-based communications company, provides various integrated services under Â?CenturyLink' name to business and residential customers in the United States and internationally.

Lumen Technologies stock last closed at $1.50, down 2.6% from the previous day, and has decreased 58.45% in one year. It has underperformed other stocks in the Telecom Services industry by 0.42 percentage points. Lumen Technologies stock is currently +92.31% from its 52-week low of $0.78, and -58.62% from its 52-week high of $3.63.

As of Feb 23, 2024, there are 1.01B LUMN shares outstanding. The market cap of LUMN is $1.51B. In the last 24 hours, 8.42M LUMN shares were traded.

How to Buy Lumen Technologies Stock

Wondering how to invest in Lumen Technologies stock? Here's how.
  1. Decide where to buy Lumen Technologies stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you choose where to buy Lumen Technologies stock.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Fund your investment account: Select your payment method and add your details.
  4. Research Lumen Technologies stock: The Lumen Technologies ticker symbol is LUMN. Is Lumen Technologies stock a good investment? Should you buy shares of LUMN? How do LUMN's underlying business fundamentals look? Do top analysts think Lumen Technologies is a good buy? Why has LUMN's stock price moved recently? (Hint: Our stock research tools can help you figure out if LUMN is a good stock to buy).
  5. Place your LUMN purchase: Decide if you will purchase LUMN shares at the current market price or use a limit order to purchase LUMN stock at a given price.
  6. Get notifications regarding your LUMN position: Create a watchlist to keep tabs on your investment in Lumen Technologies stock.

Step 1: Decide where to buy Lumen Technologies stock

You need an online brokerage account to access the NYSE market and buy LUMN shares.

A brokerage account is an investment account that enables you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've picked the best brokerage, the next step is to fill out some personal details so you are able to invest in LUMN stock today.

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Step 3: Fund your investment account

Now that you have filled out your info on app for stock market, you can securely and quickly fund your account:

Watch the walkthrough below for more details depositing funds into your investment account.

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Step 4: Research Lumen Technologies stock

Once you have chosen the best place to buy Lumen Technologies stock, it's critical to research their stock before you buy, so you truly wrap your head around the risk as well as the upside.

Lumen Technologies shares at a glance

LUMN Price
$1.50
1w %
-2.6%
1y %
-58.45%
5y %
-88.61%
P/E
-0.14x
P/B
3.63x
P/S
0.1x
PEG
N/A
Revenue
$14.56B
Earnings
-$10.30B
Fore. Rev. Growth
-4.47%
Fore. Earn. Growth
N/A
Market Cap
$1.51B
Next Earnings
N/A
Next Dividend
N/A

Fundamentals of Lumen Technologies

WallStreetZen was designed to help average investors do more in-depth fundamental analysis.

You can see all of the due diligence checks on LUMN's stock page.

Is LUMN stock undervalued?

Analysts use many financial metrics, analyses, models, and charts to gauge LUMN's true value.

Using relative valuations metrics:

  • LUMN may be overvalued based on its P/B ratio of 3.63x, relative to Telecom Services industry P/B ratio of 1.63x

You can access more valuation analysis on LUMN's stock here.

How do LUMN Financials look?

Positive Health Checks:

  • There are more short-term assets than short-term liabilities on the LUMN balance sheet.
  • LUMN has cash burn of 775000000. It has enough cash and short-term investments to cover this for at least one year.
  • LUMN has $2.23B in cash and short term investments. This is sufficient to cover its annual cash burn of $775.00M.

Negative Health Checks:

  • There are more long-term liabilities than short-term assets on the LUMN balance sheet.
  • LUMN profit margin has gone down from -8.9% to -70.7% in the past year.
  • LUMN has a relatively high debt to equity ratio of 80.58.
  • Total LUMN debt is higher than 5 years ago, relative to shareholder equity.

Is LUMN stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 3 sell side analysts who give forecasts on LUMN, the consensus analyst rating on LUMN is a Sell

It's important to note that analyst ratings are not stock recommendations, nor are they financial advice.

You can dive deeper into what analysts are forecasting on the Lumen Technologies stock forecast page.

LUMN Technicals

SMA10
1.58
SMA20
1.46
SMA50
1.57
SMA100
1.45
SMA200
1.65
MACD
0.02
MACD Signal
0.01
MACD Histogram
0.01
RSI
49.4
Stochastic %K
52.67
Stochastic %D
55.6
StochRSI %K
45.94
StochRSI %D
51.75

How is LUMN performing as a company?

Last year, LUMN revenue was $14.56B. In the last five year, LUMN's revenue has grown by -8.41% per year. This was slower than the Telecom Services industry average of 3.39%.

Find out more about LUMN's earnings and revenue performance here.

What are LUMN insiders up to?

In the last year, executives and large shareholders at LUMN have bought more shares than they have sold.

James Fowler, Director of LUMN, was the latest LUMN insider to buy. They bought $52,390.00 worth of LUMN shares on Feb 13, 2024.

Learn more about who owns LUMN stock here.

Can I rely on LUMN as an income stream?

No, Lumen Technologies doesn't provide an income stream by paying out dividends.

LUMN Social Trading Data

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Step 5: Place your LUMN purchase

You have two primary options:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are usually fine for most investors.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a specific dollar amount limit, use a limit order.

Hit the Open button and eToro will execute your order.

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Step 6: Get notifications regarding your LUMN position

Now that you own some shares in LUMN, you'll want to stay up-to-date on your investment.

Create a watchlist to track your LUMN stock.

LUMN Feed

How to Buy Stock in Lumen Technologies

To summarize, here are the 6 steps to buy Lumen Technologies stock:

  1. Decide where to buy Lumen Technologies stock
  2. Create a brokerage account
  3. Fund your investment account
  4. Research Lumen Technologies stock
  5. Place your LUMN purchase
  6. Get notifications regarding your LUMN position

If you require a brokerage account, eToro is our recommended option.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get the latest news on your new investment in Lumen Technologies, click below.

NYSE: LUMN
$1.50-0.04 (-2.6%)
Updated Feb 23, 2024
Open eToro Account
NYSE: LUMN
$1.50-0.04 (-2.6%)
Updated Feb 23, 2024
Open eToro Account

FAQ

How much does it cost to buy one Lumen Technologies share?

As of Feb 23, 2024, it costs $1.50 to buy one share of Lumen Technologies stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.75, you can buy 0.5 shares of LUMN.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Lumen Technologies stock?

According to 3 Wall Street analysts who monitor Lumen Technologies, their consensus recommendation is to sell Lumen Technologies stock.

What is the best way to buy Lumen Technologies stock?

One way to place an order for Lumen Technologies stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.