The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Clear Channel Outdoor Holdings Inc.’s current trading price is -21.41% away from its 52-week high, while its distance from the 52-week low is 63.13%. The stock’s price range for this period has been between $0.99 and $2.06 The company’s shares, which are part of the Communication Services sector, had a trading volume of approximately 2.32 million for the day, a number notably higher than the average daily volume of 2.27 million over the last three months.
Clear Channel Outdoor Holdings Inc. experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $2.06 on 02/26/24, while the lowest price for the same period was registered at $0.99 on 05/11/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Clear Channel Outdoor Holdings Inc. (CCO) has experienced a quarterly decline of -2.71% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 781.21M and boasts a workforce of 3900 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.6007, with a change in price of +0.4650. Similarly, Clear Channel Outdoor Holdings Inc. recorded 2,903,520 in trading volume during the last 100 days, posting a change of +40.79%.
CCO Stock Stochastic Average
Clear Channel Outdoor Holdings Inc.’s raw stochastic average for the past 50 days is presently 25.31%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 14.29%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 7.33% and 8.87%, respectively.
CCO Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price loss of -11.26% this year. Over the last six months, there has been a weaker performance of 12.94%. The price of CCO leaped by -10.28% during the last 30 days period. For the last 5-days stocks have slided -6.10%.
