Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The price of Clear Channel Outdoor Holdings Inc (NYSE: CCO) closed at $1.02 in the last session, down -0.97% from day before closing price of $1.03. In other words, the price has decreased by -$0.97 from its previous closing price. On the day, 1.6 million shares were traded.
Ratios:
We take a closer look at CCO’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.30 and its Current Ratio is at 1.30.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Apr 22 ’25 when MORENO ARTURO R bought 53,932 shares for $0.97 per share. The transaction valued at 52,314 led to the insider holds 61,499,128 shares of the business.
MORENO ARTURO R bought 29,289 shares of CCO for $27,532 on Apr 21 ’25. The 10% Owner now owns 61,445,196 shares after completing the transaction at $0.94 per share. On Apr 16 ’25, another insider, MORENO ARTURO R, who serves as the 10% Owner of the company, bought 980,644 shares for $0.93 each. As a result, the insider paid 911,999 and bolstered with 61,210,458 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.25.
Stock Price History:
Over the past 52 weeks, CCO has reached a high of $1.88, while it has fallen to a 52-week low of $0.81. The 50-Day Moving Average of the stock is -11.19%, while the 200-Day Moving Average is calculated to be -28.56%.
Shares Statistics:
A total of 489.21M shares are outstanding, with a floating share count of 343.13M. Insiders hold about 30.91% of the company’s shares, while institutions hold 71.14% stake in the company.
