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. iHeartMedia Inc’s current trading price is -45.42% away from its 52-week high, while its distance from the 52-week low is 90.70%. The stock’s price range during this period has varied between $0.81 and $2.84. The company, active in the Communication Services sector, saw a trading volume of around 0.83 million for the day, considerably lower average daily volume of 0.84 million observed over the last three months.
iHeartMedia Inc had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $2.84 on 11/07/24, while the lowest price during the same period was $0.81 on 05/28/24.
How Financial Performance Impacts Market Capitalization
iHeartMedia Inc (IHRT) has experienced a quarterly decline of -40.61% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 195.29M and boasts a workforce of 10100 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 2.1280, with a change in price of -0.3800. Similarly, iHeartMedia Inc recorded 914,206 in trading volume during the last 100 days, posting a change of -19.69%.
IHRT Stock Stochastic Average
As of today, the raw stochastic average of iHeartMedia Inc over the last 50 days is at 9.76%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 11.11%. Further, the company’s Stochastic %K and %D values for the last 20 days were 17.96% and 27.28%, respectively.
IHRT Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -21.72%. However, over the past six months, we’ve seen a weaker performance of 1.97%. The price of IHRT leaped by -30.49% over the last 30 days. And in the last five days, it has surged by 2.65%.
