Clear Channel Outdoor Holdings Inc (CCO) concluded trading on Wednesday at a closing price of $0.94, with 4.23 million shares of worth about $3.98 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -39.35% during that period and on April 16, 2025 the price saw a loss of about -2.08%. Currently the company’s common shares owned by public are about 489.21M shares, out of which, 340.67M shares are available for trading.
Stock saw a price change of -9.62% in past 5 days and over the past one month there was a price change of -17.54%. Year-to-date (YTD), CCO shares are showing a performance of -31.39% which decreased to -36.05% 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 $1.88 during that period. The average intraday trading volume for Clear Channel Outdoor Holdings Inc shares is 1.74 million. The stock is currently trading -10.39% below its 20-day simple moving average (SMA20), while that difference is down -21.21% for SMA50 and it goes to -34.92% lower than SMA200.
Clear Channel Outdoor Holdings Inc (NYSE: CCO) currently have 489.21M outstanding shares and institutions hold larger chunk of about 72.09% of that.
The stock has a current market capitalization of $460.66M and its 3Y-monthly beta is at 2.59. It has posted earnings per share of -$0.28 in the same period. It has Quick Ratio of 1.30. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CCO, volatility over the week remained 8.77% while standing at 8.44% over the month.
Stock’s fiscal year EPS is expected to rise by 39.20% while it is estimated to increase by 45.82% in next year. EPS is likely to grow at an annualized rate of 45.72% for next 5-years, compared to annual growth of 20.67% made by the stock over the past 5-years.
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 Wells Fargo on September 19, 2024 offering an Equal weight rating for the stock and assigned a target price range of between $2.75 and $1.75 to it. Coverage by Wells Fargo stated Clear Channel Outdoor Holdings Inc (CCO) stock as an Overweight in their note to investors on December 20, 2023, suggesting a price target of $2.75 for the stock. On July 08, 2022, Wells Fargo Downgrade their recommendations, while on November 11, 2021, Barrington Research Upgrade their ratings for the stock with a price target of $5. Stock get a Neutral rating from Citigroup on January 05, 2021.
