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 -37.85% away from its 52-week high, while its distance from the 52-week low is 35.57%. The stock’s price range during this period has varied between $0.81 and $1.77. The company, active in the Communication Services sector, saw a trading volume of around 9.19 million for the day, considerably higher average daily volume of 2.99 million observed over the last three months.
Clear Channel Outdoor Holdings Inc (CCO) currently has a stock price of $1.1. The stock saw a sharp increase in the last trading session, hitting a high of $1.6 after opening at $1.1. The lowest recorded price for the day was $1.1 before it closed at $1.02.
Clear Channel Outdoor Holdings Inc’s stock has had a tumultuous market performance.
How Financial Performance Impacts Market Capitalization
Clear Channel Outdoor Holdings Inc (CCO) has experienced a quarterly rise of 1.85% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 546.39M and boasts a workforce of 4100 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 1.1092, with a change in price of -0.1200. Similarly, Clear Channel Outdoor Holdings Inc recorded 2,793,971 in trading volume during the last 100 days, posting a change of -9.84%.
CCO Stock Stochastic Average
As of today, the raw stochastic average of Clear Channel Outdoor Holdings Inc over the past 50 days is 35.76%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 35.76%. Additionally, the Stochastic %K and %D values for the company were 17.10% and 13.40%, respectively, over the past 20 days.
CCO Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -33.73%.However, over the last six months, we can see a stronger performance of -19.12%. Over the last 30 days, the price of CCO has leaped by -11.29%. And in the last five days, it has fallen by -0.90%.
