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CCO’s Financial Health: Exploring Clear Channel Outdoor Holdings Inc.’s Debt-to-Equity Ratio of 1.79

Clear Channel Outdoor Holdings Inc. (CCO) stock is currently valued at $1.39. During the last session, the stock experienced a remarkable rise, reaching $1.43 after opening at $1.35. The stock briefly dropped to $1.34 before ultimately closing at $1.35.

Clear Channel Outdoor Holdings Inc. saw a rather consistency, in terms of market performance. The company’s stock reached its highest point at $2.14 on 02/03/23, while the lowest price for the same duration was marked at $0.95 on 12/19/22.

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52-week price history of CCO Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Clear Channel Outdoor Holdings Inc.’s current trading price is -35.05% away from its 52-week high, while its distance from the 52-week low is 46.16%. The stock’s price range during this period has spanned from $0.95 to $2.14. In the Communication Services sector, the Clear Channel Outdoor Holdings Inc.’s shares surpassed a trading volume of approximately 6.54 million for the day, which was noticeably higher compared to the average daily volume of 9.3.95 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

Clear Channel Outdoor Holdings Inc. (CCO) has experienced a quarterly rise of 0.72% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 671.38M and boasts a workforce of 4700 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 1.4063, with a change in price of +0.0700. Similarly, Clear Channel Outdoor Holdings Inc. recorded 3,573,424 in trading volume during the last 100 days, posting a change of +5.30%.

CCO Stock Stochastic Average

Today, Clear Channel Outdoor Holdings Inc.’s raw stochastic average for the past 50 days stands at 52.24%, indicating a decline from the raw stochastic average of the last 20 days, which was 77.78%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 72.59% and 76.74% respectively.

CCO Stock Price Performance Analysis

The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. Until today this year the stock’s price performance recorded an increase of 32.38%. However, over the last six months, the performance has been weaker by 6.11%. The price of CCO increased 26.36% over the last 30 days. And in the last five days, it has surged by 5.30%.

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