Shares of CenturyLink, Inc. (CTL) Sees Large Inflow of Net Money Flow

CenturyLink, Inc. (CTL) dropped by -1.35 or -0.35 points during the last session to $25.51 per share. One of the highlights of the day was the net money flow figure, which stood at $8.07 million even as the stock accepted $33.37 million in upticks but rejected $25.31 million in downticks. The up/down ratio for the last observation was a 1.32. The 1-week percentage change for the stock price is registered at -1.73%.A block transaction occurred with $7.05 million in upticks and $0.61 million in downticks while the up/down ratio was calculated to be 11.61. The stock witnessed a net inflow of $6.45 million at the end of the block trade.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

CenturyLink, Inc. has dropped 0.7% in the last five trading days, however, the shares have posted positive gains of 7.28% in the last 4 weeks. CenturyLink, Inc. has dropped 1.93% during the last 3-month period . Year-to-Date the stock performance stands at 7.28%. CenturyLink, Inc. (NYSE:CTL) witnessed a decline in the market cap on Wednesday as its shares dropped 1.35% or 0.35 points. After the session commenced at $25.95, the stock reached the higher end at $26.29 while it hit a low of $25.43. With the volume soaring to 8,832,817 shares, the last trade was called at $25.51. The company has a 52-week high of $33.45. The company has a market cap of $13,943 million and there are 546,558,820 shares in outstanding. The 52-week low of the share price is $22.86.

Company has reported several Insider transactions to the SEC, on Nov 14, 2016, Aamir Hussain (EVP, Chief Technology Officer) purchased 14,580 shares at 24.00 per share price.On Nov 9, 2016, William Arthur Owens (director) purchased 42,800 shares at 23.35 per share price.On Nov 9, 2016, Martha Helena Bejar (director) purchased 8,250 shares at 23.41 per share price.

Centurylink Inc Last issued its quarterly earnings results on Oct 31, 2016. The company reported $0.56 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.55. The company had revenue of $4382.00 million for the quarter, compared to analysts expectations of $4376.93 million. The companys revenue was down -3.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.70 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Centurylink Inc was Upgraded by Jefferies to Hold on Jan 25, 2017. Centurylink Inc was Upgraded by JP Morgan to Overweight on Jan 3, 2017. Centurylink Inc was Initiated by SunTrust to Hold on Dec 13, 2016. Centurylink Inc was Upgraded by Oppenheimer to Outperform on Nov 8, 2016.

CenturyLink, Inc. is a telecommunications company that provides broadband, voice and wireless services to consumers and businesses in the United States. It also offers entertainment services under the CenturyLink, Prism TV and DIRECTV brands. In addition, the company provides data, voice and managed services to business, government and wholesale customers in local, national and select international markets through its fiber optic network and multiple data centers. CenturyLink, Inc., formerly known as CenturyTel, Inc., is headquartered in Monroe, Louisiana.


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