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 7.07%. However, over the last six months, the performance has been weaker by 51.43%. The price of IHRT decreased -11.30% over the last 30 days. And in the last five days, it has surged by 0.95%.
In terms of market performance, iHeartMedia Inc had a somewhat inconsistent run in. The highest value for the stock in the past year was $3.04 on 02/29/24, while the lowest value was $0.81 on 05/28/24.
52-week price history of IHRT Stock
A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. iHeartMedia Inc’s current trading price is -30.26% away from its 52-week high, while its distance from the 52-week low is 160.83%. The stock’s price range over this timeframe has been between $0.81 and $3.04. The shares of the Communication Services sector company recorded a trading volume of approximately 0.75 million for the day, which was comparatively lower than the average daily volume of 0.96 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
iHeartMedia Inc (IHRT) has experienced a quarterly rise of 4.95% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 266.68M and boasts a workforce of 10800 employees.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.9700, with a change in price of +0.5600. Similarly, iHeartMedia Inc recorded 840,739 in trading volume during the last 100 days, posting a change of +35.90%.
IHRT Stock Stochastic Average
The raw stochastic average for iHeartMedia Inc over the last 50 days is presently at 38.20%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 61.17%. Further, the company’s Stochastic %K and %D values for the last 20 days were 35.98% and 24.27%, respectively.
