iHeartMedia Inc (IHRT) concluded trading on Thursday at a closing price of $1.86, with 4.09 million shares of worth about $7.61 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 24.00% during that period and on March 06, 2025 the price saw a gain of about 23.18%. Currently the company’s common shares owned by public are about 127.47M shares, out of which, 115.69M shares are available for trading.
Stock saw a price change of -11.00% in past 5 days and over the past one month there was a price change of -20.85%. Year-to-date (YTD), IHRT shares are showing a performance of -6.06% which decreased to -13.08% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.81 but also hit the highest price of $2.84 during that period. The average intraday trading volume for iHeartMedia Inc shares is 795.77K. The stock is currently trading -10.23% below its 20-day simple moving average (SMA20), while that difference is down -12.28% for SMA50 and it goes to 5.08% higher than SMA200.
iHeartMedia Inc (NASDAQ: IHRT) currently have 127.47M outstanding shares and institutions hold larger chunk of about 74.50% of that.
The stock has a current market capitalization of $234.35M and its 3Y-monthly beta is at 1.54. It has posted earnings per share of -$6.68 in the same period. It has Quick Ratio of 1.56. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for IHRT, volatility over the week remained 17.36% while standing at 9.09% over the month.
Stock’s fiscal year EPS is expected to rise by 94.11% while it is estimated to increase by 194.07% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BofA Securities on November 12, 2024 offering a Neutral rating for the stock and assigned a target price range of between $1 and $3 to it. Coverage by BofA Securities stated iHeartMedia Inc (IHRT) stock as an Underperform in their note to investors on March 28, 2023, suggesting a price target of $4 for the stock. Stock get a Neutral rating from Goldman on August 10, 2022.
