Vamping stocks: Lumen Technologies Inc (NYSE:LUMN), DraftKings Inc. (NASDAQ:DKNG)

LUMN has seen its SMA50 which is now 13.05%. In looking the SMA 200 we see that the stock has seen a 9.17%.

DKNG has seen its SMA50 which is now 5.95%. In looking the SMA 200 we see that the stock has seen a 28.05%.

On 11-03-2024 (Monday), Shares of Lumen Technologies Inc (NYSE:LUMN) encountered a difference of -3.30% after which it shut the day’ session at $1.76. The volume added 14,016,941 shares which compares with the average volume of 14.79M shares.

Lumen Technologies Inc, a USA based Company, belongs to Telecom Services sector industry. Shares of Lumen Technologies Inc was among the active stocks of the last exchanging sessions.

Unpredictability:

The stock value instability stayed at 7.58% in recent month and ranges at 7.63% for the week. The Average True Range (ATR) is also a measure of volatility is presently sitting at 0.12. The firm demonstrates the market capitalization of $1.78B.

Important Results:

Lumen Technologies Inc has P/S value of 0.12 while its P/B esteem remains at 4.26. Likewise, the company has Return on Assets of -20.09%, Return on Equity of -189.75% and Return on Investment of -48.37%.

The company demonstrates Gross Margin and Operating Margin of 29.93% and 8.45% respectively.

Forward P/E of Lumen Technologies Inc is remaining at 0. Forward P/E is a measure of the price-to-earnings ratio using forecasted earnings for the P/E calculation for the next fiscal year.

Technical Analysis of Lumen Technologies Inc LUMN:

The stock price moved with change of 45.45% to its 50 Day low spot and changed -10.20% contrasting with its 50 Day high point. LUMN stock is as of now appearing down return of 4.14% all through a week ago and saw bearish return of 17.33% in one month span. The execution of company 22.22% in three months and 23.94% throughout the previous a half year exchanging period.

Tracking the closing price and 52-week high, the current price movement shows that the stock price positioned negative when compared against the 52-week high. As close of recent trade, stock represents -42.25%move from 52-week high. Tracing the 52-week low position of the stock, we noted that the closing price represents a 125.61% higher distance from that low value. Technical analysts compare a stock’s current trading price to its 52-week range to get a broad sense of how the stock is doing, as well as how much the stock’s price has fluctuated. This information may indicate the potential future range of the stock and how volatile the shares are.

DraftKings Inc. (NASDAQ:DKNG)’s Analysis & Performances to Discover

DraftKings Inc., belongs to Consumer Cyclical sector and Gambling industry. The company’s total Outstanding Shares of 472.70M. DKNG flaunted -0.29% to reach at $41.62 during previous trading session.

The company has experienced volume of 7,341,724 shares while on average the company has a capacity of trading 12.11M share.

Observing the Technical Indicators:

DraftKings Inc. institutional ownership is held at 67.92% while insider ownership was 4.30%. As of now, DKNG has a P/S, P/E and P/B values of 5.38, 0 and 23.41 respectively. Its P/Cash is valued at 15.37.

The Company’s net profit margin for the 12 months at -21.88%. Comparatively, the gazes have a Gross margin 37.46%.

Profitability ratios:

Looking into the profitability ratios of DKNG stock, an investor will find its ROE, ROA, ROI standing at -74.17%, -20.09% and -36.88%, respectively.

Reading RSI Indicator

DraftKings Inc. (DKNG) attained alert from day Traders as RSI reading reached at 50.07. Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements.

Earnings per Share Details of DraftKings Inc.:

The EPS of DKNG is strolling at -1.74, measuring its EPS growth this year at 88.16%. As a result, the company has an EPS growth of 464.94% for the approaching year.

What Does the Payout Ratio Tell You?

The payout ratio is a key financial metric used to determine the sustainability of a company’s dividend payments. It is the amount of dividends paid to shareholders relative to the total net income of a company.

Formula for the Payout Ratio Is

“Payout Ratio = Dividends / Earnings”

Is It Overvalued? Look at the Payout Ratio of LUMN, DKNG

The payout ratio shows the proportion of earnings paid out as dividends to shareholders, typically expressed as a percentage of the company’s earnings. The payout ratio can also be expressed as dividends paid out as a proportion of cash flow. The payout ratio is also known as the dividend payout ratio. LUMN has a Payout Ratio of 0 and DKNG has a Payout Ratio of 0.

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