Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. iHeartMedia Inc’s current trading price is -52.53% away from its 52-week high, while its distance from the 52-week low is 26.76%. The stock’s price range over this period has fluctuated between $1.77 and $4.74. The company, operating within the financial sector, had a trading volume of approximately 0.98 million for the day, which was noticeably higher than the average daily share volume of 0.93 million over the last 3 months.
iHeartMedia Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $4.74 on 07/31/23 and the lowest value was $1.77 on 11/13/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
iHeartMedia Inc (IHRT) has experienced a quarterly decline of -7.79% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 325.49M and boasts a workforce of 10800 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.40, with a change in price of +0.24. Similarly, iHeartMedia Inc recorded 979,390 in trading volume during the last 100 days, posting a change of +11.94%.
IHRT Stock Stochastic Average
Today’s raw stochastic average for iHeartMedia Inc over the last 50 days is 34.17%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 75.93%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 56.17% and 48.56%, respectively.
IHRT Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. The index has shown a price loss of -15.73% this year. Over the last six months, there has been a stronger performance of -21.05%. The price of IHRT fallen by 4.17% during the last 30 days period. For the last 5-days stocks have improved 6.13%.
