Does CenturyLink Provide Better Returns than Its Peers?

CenturyLink (CTL) stock’s closing price was $10.86 per share on May 9. The stock was trading 5.6% above its 52-week low of $10.28 per share and 55.1% below its 52-week high of $24.20 per share.

Year-to-date, CenturyLink stock has fallen 28.3%. The stock has generated returns of -12.4% in the trailing-one-month period and -39.8% in the trailing-12-month period. In comparison, Charter Communications (CHTR) and Comcast (CMCSA) have seen their stock prices rise 38.6% and 39.7%, respectively, in the trailing-12-month period. Meanwhile, Frontier Communications (FTR) stock has fallen 76.1% in the trailing-12-month period.

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On May 9, CenturyLink stock’s short interest as a percentage of its float (or its short interest ratio) was ~9.36%. A short interest ratio of over 40% indicates that investors and traders foresee a fall in a stock’s price.

In the May 9 trading session, CenturyLink stock closed at $10.86, near its lower Bollinger Band level of $10.94, suggesting that it was oversold.