Company Shares of Level 3 Communications (NYSE:LVLT) Rally 1.52%

Level 3 Communications (NYSE:LVLT) has been under a strong bear grip, hence the stock is down -0.72% 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 0.24% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.52% in the last 1 week, and is up 0.88% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The company shares have rallied 0.63% from its 1 Year high price. On Apr 28, 2016, the shares registered one year high at $56.11 and the one year low was seen on Sep 29, 2015. The 50-Day Moving Average price is $51.90 and the 200 Day Moving Average price is recorded at $51.05.

The stock has recorded a 20-day Moving Average of 3.27% and the 50-Day Moving Average is 1.44%.


Level 3 Communications (NYSE:LVLT): stock turned positive on Friday. Though the stock opened at $51.68, the bulls momentum made the stock top out at $52.8 level for the day. The stock recorded a low of $51.54 and closed the trading day at $52.73, in the green by 2.97%. The total traded volume for the day was 1,575,729. The stock had closed at $51.21 in the previous days trading.

In an insider trading activity,The officer (President and CEO) of Level 3 Communications Inc, Storey Jeffrey K sold 60,557 shares at $50.41 on July 5, 2016. The Insider selling transaction had a total value worth of $3,052,678. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Level 3 Communications, Inc. is a provider of a range of integrated communications services. The Companys operating segments include North America includes operations in Georgia, Colorado, Florida, Canada, New York, Arizona, Pennsylvania, Michigan and Oklahoma; Europe includes operations in England, Ireland, The Netherlands and France; The Latin America includes operations in Colombia, Argentina, Venezuela, Peru, Ecuador, Chile and Brazil. The Asia or Pacific includes operations in China, Singapore and Japan. The tw telecom inc. (tw telecom) is an indirect, wholly owned subsidiary of the Company. The Company offers services, which includes core network services and wholesale voice services. It offers products, which include core network services, including transport and fiber services, colocation and data center services, IP and data services, managed services, cloud and IT services, voice services and wholesale voice services, including voice termination and toll free.

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