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In other words, the price has increased by $0.00 from its previous closing price. On the day, 0.73 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 1.59 and its Current Ratio is at 1.59.
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 Feb 28 ’25 when SIVARAMAKRISHNAN KAMAKSHI bought 292 shares for $1.70 per share. The transaction valued at 498 led to the insider holds 153 shares of the business.
SIVARAMAKRISHNAN KAMAKSHI bought 197 shares of IHRT for $347 on Mar 24 ’25. The Director now owns 336 shares after completing the transaction at $1.76 per share. On Mar 21 ’25, another insider, SIVARAMAKRISHNAN KAMAKSHI, who serves as the Director of the company, bought 168 shares for $1.69 each. As a result, the insider paid 284 and bolstered with 321 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.06.
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 $0.95. The 50-Day Moving Average of the stock is 34.10%, while the 200-Day Moving Average is calculated to be -6.22%.
Shares Statistics:
A total of 128.29M shares are outstanding, with a floating share count of 113.19M. Insiders hold about 23.32% of the company’s shares, while institutions hold 75.77% stake in the company.
