CenturyLink, Inc. (CTL) is an interesting player in the Technology space, with a focus on Telecom Services – Domestic. The stock has been active on the tape, currently trading at $19.25, down from yesterday’s close by -0.05%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.Fundamental Analysis
CenturyLink, Inc. (CTL) currently trades with a market capitalization of $19.12 Billion. That value represents a market adjusting for revenues that have been growing by 41.24 % on a quarterly year/year basis as of the company’s last quarterly report.
You can get a sense of how sustainable that is by a levered free cash flow of $1.36 Billion over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.19 on a per share basis this quarter. Perhaps, that suggests something about why 0.93% of the outstanding share supply is held by institutional investors.
No analysis is ever complete without a thorough survey of a stock’s technical behavior. Looking at the stock’s movement on the chart, CenturyLink, Inc. recorded a 52-week high of $27.61. It is now trading 8.36% off that level. The stock is trading $17.63 its 50-day moving average by -1.62%. The stock carved out a 52-week low down at $13.16.
In recent action, CenturyLink, Inc. (CTL) has made a move of +11.14% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 15.08, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 11.06% with $993.04 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of CTL.