CenturyLink (CTL) : During the past 4 weeks, traders have been relatively bearish on CenturyLink (CTL), hence the stock is down -4.83% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -3.99% relative to the S&P 500. The 4-week change in the price of the stock is -6.76% and the stock has fallen -3.48% in the past 1 week.
The stock has recorded a 20-day Moving Average of 4.22% and the 50-Day Moving Average is 7.82%.The 200 Day SMA reached 2.48% CenturyLink, Inc. has dropped 0.19% during the last 3-month period . Year-to-Date the stock performance stands at 13.11%.
CenturyLink (CTL) : The highest level CenturyLink (CTL) is projected to reach is $42 for the short term and the lowest estimate is at $22. The consolidated price target from 10 rating analysts who initiate coverage on the stock is $29.1 and the possibility the share price can swing is $5.59.
Company shares have received an average consensus rating of Hold for the current week CenturyLink (NYSE:CTL): stock was range-bound between the intraday low of $26.51 and the intraday high of $27 after having opened at $26.96 on Fridays session. The stock finally closed in the red at $26.96, a loss of -0.33%. The stock remained in the red for the whole trading day. The total traded volume was 7,114,403 shares. The stock failed to cross $27 in Fridays trading. The stocks closing price on Thursday was $26.98.
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.