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In other words, the price has increased by $0.00 from its previous closing price. On the day, 0.54 million shares were traded.
Ratios:
Our analysis of IHRT’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.56 and its Current Ratio is at 1.56.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on November 12, 2024, Upgraded its rating to Neutral and sets its target price to $3 from $1 previously.
On March 28, 2023, BofA Securities Downgraded its rating to Underperform which previously was Neutral and also lowered its target price recommendation from $6.50 to $4.
JP Morgan Downgraded its Neutral to Underweight on March 01, 2023, whereas the target price for the stock was revised from $10 to $5.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 07 ’25 when BRESSLER RICHARD J bought 100,000 shares for $1.79 per share. The transaction valued at 178,820 led to the insider holds 3,617,764 shares of the business.
PITTMAN ROBERT W bought 200,000 shares of IHRT for $320,040 on Mar 04 ’25. The Chairman and CEO now owns 4,241,389 shares after completing the transaction at $1.60 per share. On Nov 13 ’24, another insider, Rasulo James A, who serves as the Director of the company, sold 40,223 shares for $2.40 each. As a result, the insider received 96,406 and left with 339,322 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.04.
Stock Price History:
Over the past 52 weeks, IHRT has reached a high of $2.84, while it has fallen to a 52-week low of $0.81. The 50-Day Moving Average of the stock is -35.88%, while the 200-Day Moving Average is calculated to be -44.21%.
Shares Statistics:
A total of 127.47M shares are outstanding, with a floating share count of 115.74M. Insiders hold about 21.57% of the company’s shares, while institutions hold 74.27% stake in the company.
