CenturyLink, Inc. s in-depth stock price analysis indicates that the stock price has dropped -1.21% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -14.85% . Looking at the past 52 week period, the stock price is down -14.4% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of CenturyLink, Inc. has a negative value of -25.59 compared to overall market performance. CenturyLink, Inc. (NYSE:CTL) has tumbled 3.66% during the past week and has dropped 3.05% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 4.44%. CenturyLink, Inc. (NYSE:CTL) has underperformed the index by 4.78% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
CenturyLink, Inc. (NYSE:CTL) : On Friday heightened volatility was witnessed in CenturyLink, Inc. (NYSE:CTL) which led to swings in the share price. The stock opened for trading at $24.4 and hit $24.52 on the upside , eventually ending the session at $24.49, with a gain of 0.29% or 0.07 points. The heightened volatility saw the trading volume jump to 5,882,601 shares. The 52-week high of the share price is $33.45 and the company has a market cap of $13,385 million. The 52-week low of the share price is at $22.86 .
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.
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. 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.