How Does CenturyLink, Inc. (CTL) Stack Up Right Now?

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 $17.54, down from yesterday’s close by -2.28%. 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 $18.86 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 hold steady in coming quarters. Analysts are forecasting earnings of $0.25 on a per share basis this quarter. Perhaps, that suggests something about why 0.94% of the outstanding share supply is held by institutional investors.

Technical Analysis

It’s important to check the technicals to get a sense of how CTL has been acting. Looking at the stock’s movement on the chart, CenturyLink, Inc. recorded a 52-week high of $27.61. It is now trading 10.07% off that level. The stock is trading $18.16 its 50-day moving average by 0.62%. The stock carved out a 52-week low down at $13.16.

In recent action, CenturyLink, Inc. (CTL) has made a move of -9.45% 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 14.57, 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 9.33% with $1.07 Billion sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of CTL.

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