Traders Watch List – Centurylink Inc (NYSE:CTL)
On Monday, Shares of Centurylink Inc (NYSE:CTL) gained 1.71% to $24.6. The 52-week range of the share price is from $24.58 – $24.94. The beta value for this stock stands at 0.76 points, while its earnings per share (EPS) was $1.16. The company has total market capitalization of $13.68 and a total of 546.58M outstanding shares.
CenturyLink, Inc. (NYSE: CTL) today won a contract to provide a hosted contact center and Voice over Internet Protocol (VoIP) service to the General Services Administration’s (GSA) Federal Acquisition Service (FAS).
CenturyLink will provide the FAS with a hosted contact center that features expanding technology capabilities, a range of secure interfaces that can be integrated with other systems and proper redundancy for a call system than handles about 800,000 inbound and outbound calls annually.
The contract, which was awarded via GSA’s IT Plan 70, is valued at $1.30M for the first year with four one-year options, for a total value of more than $6.0M.
“We look forward to providing GSA’s Federal Acquisition Service with our innovative hosted VoIP services that will assist them modernize and transform their legacy voice systems,” said CenturyLink Senior Vice President and General Manager – Federal Solutions Erich Sanchack. “CenturyLink’s VoIP service provides government agencies with an affordable, modern solution that accelerates agencies’ digital transformation, connects them to their stakeholders and maximizes commercial best practices.”
By supplying managed hosting, cybersecurity, cloud and IT services over its carrier-class network, CenturyLink provides government agencies with the security and reliability they need to carry out their important missions.
CenturyLink has been steadily climbing the rankings and is presently ranked No. 34 on Washington Technology’s 2016 Top 100 list of federal government IT contractors.
Technical Analysis:
The average true range of the stock is recorded at 0.46 and the relative strength index of the stock stands 69.64. The stock price is going above to its 52-week low with +13.68% and down from its 52-week high with -22.31%.
The stock has shown weekly performance of 4.12% and monthly performance stands at 7.96%. The stock price is trading upbeat from its 200 days moving average with -2.10% and up from 50 days moving average with 4.61%.
Analyst recommendation for this stock stands at 2.70.