After finishing at $1.12 in the prior trading day, Clear Channel Outdoor Holdings Inc (NYSE: CCO) closed at $1.11, down -0.89%. In other words, the price has decreased by -$0.89 from its previous closing price. On the day, 1.29 million shares were traded. CCO stock price reached its highest trading level at $1.13 during the session, while it also had its lowest trading level at $1.11.
Ratios:
Our goal is to gain a better understanding of CCO by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.43 and its Current Ratio is at 1.43.
On September 19, 2024, Wells Fargo Downgraded its rating to Equal Weight which previously was Overweight and also lowered its target price recommendation from $2.75 to $1.75.
Wells Fargo Upgraded its Equal Weight to Overweight on December 20, 2023, whereas the target price for the stock was revised from $1.50 to $2.75.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 05 ’25 when MORENO ARTURO R bought 38,815 shares for $1.06 per share. The transaction valued at 41,144 led to the insider holds 64,134,352 shares of the business.
MORENO ARTURO R bought 358,187 shares of CCO for $383,260 on May 30 ’25. The 10% Owner now owns 63,845,537 shares after completing the transaction at $1.07 per share. On Jun 02 ’25, another insider, MORENO ARTURO R, who serves as the 10% Owner of the company, bought 250,000 shares for $1.06 each. As a result, the insider paid 265,000 and bolstered with 64,095,537 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CCO now has a Market Capitalization of 551353664 and an Enterprise Value of 6826054144. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.29. Its current Enterprise Value per Revenue stands at 4.513 whereas that against EBITDA is 13.845.
Stock Price History:
The Beta on a monthly basis for CCO is 2.66, which has changed by -0.33928573 over the last 52 weeks, in comparison to a change of 0.17535925 over the same period for the S&P500. Over the past 52 weeks, CCO has reached a high of $1.77, while it has fallen to a 52-week low of $0.81. The 50-Day Moving Average of the stock is -3.71%, while the 200-Day Moving Average is calculated to be -14.24%.
Shares Statistics:
The stock has traded on average 2.82M shares per day over the past 3-months and 1770740 shares per day over the last 10 days, according to various share statistics. A total of 490.91M shares are outstanding, with a floating share count of 357.30M. Insiders hold about 28.07% of the company’s shares, while institutions hold 69.93% stake in the company. Shares short for CCO as of 1752537600 were 19810129 with a Short Ratio of 7.03, compared to 1749772800 on 26895946. Therefore, it implies a Short% of Shares Outstanding of 19810129 and a Short% of Float of 8.04.
