CenturyLink (CTL) has been under a strong bear grip, hence the stock is down -8.33% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.38% in the past 1 week. The 4-week change in the price of the stock is -8.52% and the stock has fallen -0.28% in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 3.77% and the fifty day Moving Average is 3.04%. CenturyLink, Inc. is up 7.27% in the last three month period. Year-to-Date the stock performance stands at 18.68%.
CenturyLink (CTL) : The highest short term price target forecast on CenturyLink (CTL) is $42 and the lowest target price is $22. A total of 10 equity analysts are currently covering the company. The average price of all the analysts is $29.1 with a standard deviation of $5.59.
CenturyLink (NYSE:CTL): On Fridays trading session , Opening price of the stock was $29.24 with an intraday high of $29.48. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $28.582. However, the stock managed to close at $28.76, a loss of 1.34% for the day. On the previous day, the stock had closed at $29.15. The total traded volume of the day was 4,247,567 shares.
CenturyLink, Inc. is an integrated communications company. The Company is engaged in providing an array of communications services to residential, business, governmental and wholesale customers. The Companys communications services include local and long-distance, broadband, private line, Multi-Protocol Label Switching (MPLS), data integration, managed hosting, colocation, Ethernet, network access, video, wireless and other ancillary services. The Company operates in two segments: Business and Consumer. The Business segment provides strategic, legacy and data integration products and services to enterprise, wholesale and governmental customers, including other communication providers. The Consumer segment provides strategic and legacy products and services to residential customers.