Lumos Networks (LMOS) Getting Somewhat Favorable Media Coverage, Report Shows

Press coverage about Lumos Networks (NASDAQ:LMOS) has trended somewhat positive this week, according to Accern. The research firm ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Lumos Networks earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned headlines about the utilities provider an impact score of 45.1404234620063 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Separately, Zacks Investment Research downgraded Lumos Networks from a “buy” rating to a “hold” rating in a research note on Saturday, September 23rd. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the stock. Lumos Networks has an average rating of “Hold” and an average target price of $19.25.

Lumos Networks (LMOS) opened at $17.98 on Friday. The stock has a market capitalization of $430.03, a P/E ratio of -78.17 and a beta of 0.74. The company has a debt-to-equity ratio of 2.76, a quick ratio of 0.65 and a current ratio of 0.65. Lumos Networks has a 52 week low of $14.02 and a 52 week high of $17.99.

In related news, insider Pamplona Capital Partners Iv L sold 1,225,278 shares of the business’s stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $18.00, for a total transaction of $22,055,004.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 8.70% of the company’s stock.

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Lumos Networks Company Profile

Lumos Networks Corp. is a fiber-based bandwidth infrastructure and service provider in the Mid-Atlantic region with a network of long-haul fiber, metro Ethernet and Ethernet rings located primarily in Virginia and West Virginia, and portions of Maryland, Pennsylvania, Ohio and Kentucky. The Company serves carrier, business and residential customers over its fiber network offering data, voice and Internet protocol (IP) services.

Insider Buying and Selling by Quarter for Lumos Networks (NASDAQ:LMOS)

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