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Clear Channel Outdoor Holdings Inc (CCO) Stock: A 52-Week Tale of Drops and Gains

Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Clear Channel Outdoor Holdings Inc’s current trading price is -33.33% away from its 52-week high, while its distance from the 52-week low is 31.73%. The stock’s price range during this period has varied between $1.04 and $2.06. The company, active in the Communication Services sector, saw a trading volume of around 1.34 million for the day, considerably lower average daily volume of 1.58 million observed over the last three months.

Clear Channel Outdoor Holdings Inc’s stock market performance has been consistent. The 1-year high for the company’s stock was recorded at $2.06 on 02/26/24, with the lowest value being $1.04 on 11/02/23.

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How Financial Performance Impacts Market Capitalization

Clear Channel Outdoor Holdings Inc (CCO) has experienced a quarterly decline of -5.52% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 669.86M and boasts a workforce of 3900 employees.

The Role of Moving Averages and Trading Volume in Technical Analysis

Based on Barchart.com data, the company’s moving average over the 100-day period was 1.5340, with a change in price of -0.0100. Similarly, Clear Channel Outdoor Holdings Inc recorded 1,727,698 in trading volume during the last 100 days, posting a change of -0.72%.

CCO Stock Stochastic Average

As of today, the raw stochastic average of Clear Channel Outdoor Holdings Inc over the past 50 days is 4.76%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 6.67%. Additionally, the Stochastic %K and %D values for the company were 20.74% and 39.01%, respectively, over the past 20 days.

CCO Stock Price Performance Analysis

Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The metric has seen a significant loss of -24.73% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -11.61%. Over the past 30 days, the price of CCO has leaped by -12.18%. And in the last five days, it has fallen by -14.91%.

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