Large Inflow of Money Witnessed in CenturyLink

CenturyLink (CTL) : Thursdays money flow indicated an uptick to downtick ratio was at 1.37. The total value of inflow transactions on upticks was $3.52 million, whereas, the total value of outflow trades on downticks was $2.57 million. The total money flow was $0.95 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $1.22 million. The total value of the trades done on upticks was $1.22 million. CenturyLink (CTL) was trading with a -0.37% change over previous days close. It fell $0.11 during the day and reached $29.39. The stock was 0.07% compared to the previous weeks close.


CenturyLink (CTL) : The highest short term price target forecast on CenturyLink (CTL) is $42 and the lowest target price is $22. A total of 11 equity analysts are currently covering the company. The average price of all the analysts is $29.64 with a standard deviation of $5.64. The stock has recorded a 20-day Moving Average of 5.6% and the 50-Day Moving Average is 5.36%.

CenturyLink (NYSE:CTL): The stock opened at $29.53 on Thursday but the bulls could not build on the opening and the stock topped out at $29.75 for the day. The stock traded down to $29.19 during the day, due to lack of any buying support eventually closed down at $29.38 with a loss of -0.41% for the day. The stock had closed at $29.50 on the previous day. The total traded volume was 3,568,819 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.

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