Why CenturyLink’s Returns Are in the Negative Zone

Shareholder returns and stock trends

CenturyLink (CTL) stock’s closing price was $10.33 per share on June 10. The stock was trading 7.2% above its 52-week low of $9.64 per share and 57.3% below its 52-week high of $24.20 per share.

Year-to-date, CenturyLink stock has fallen 31.8%. The stock has generated returns of -5.1% in the trailing-one-month period and -41.5% in the trailing-12-month period. In comparison, Charter Communications (CHTR) and Comcast (CMCSA) have seen their stock prices rise 42.6% and 28.7%, respectively, in the trailing-12-month period. Meanwhile, Frontier Communications’ (FTR) stock price has fallen 75.7% in the trailing-12-month period.

Short interest ratio

On June 10, CenturyLink stock’s short interest as a percentage of float (or short interest ratio) was ~9.47%. A short interest ratio of over 40% suggests that investors and traders foresee a fall in a stock’s price.

Bollinger Band

In the June 10 trading session, CenturyLink stock closed at $10.33, near its Bollinger Band midrange level of $10.38, indicating that the stock isn’t overbought or oversold.