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CenturyLink: Returns and Stock Trends in 2019

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Shareholder returns and stock trends

On June 20, CenturyLink’s (CTL) closing price was $11.35 per share. The stock is trading 17.7% above its 52-week low of $9.64 per share and 53.1% below its 52-week high of $24.20 per share.

CenturyLink’s stock price has fallen 25.1% year-to-date. The stock has generated a return of 12.0% in the trailing one-month period and -38.9% in the trailing 12-month period. Charter Communications (CHTR) and Comcast (CMCSA) have seen their stock prices increase 37.4% and 30.8%, respectively, in the trailing 12-month period. Frontier Communications’ (FTR) stock price fell 81.5% in the trailing 12-month period.

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Short interest ratio

As of June 20, CenturyLink’s short interest ratio was ~9.71%. The ratio indicates the number of shares sold short and not covered back yet. When a stock’s short interest ratio is greater than 40%, it indicates that investors and traders expect the stock’s price to fall.

Bollinger Band

On June 20, CenturyLink stock closed at $11.35, which is near its upper Bollinger Band level of $11.62. The level suggests that CenturyLink stock is overbought.

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