Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The price of Clear Channel Outdoor Holdings Inc. (NYSE: CCO) closed at $1.75 in the last session, down -4.89% from day before closing price of $1.84. In other words, the price has decreased by -$4.89 from its previous closing price. On the day, 2.89 million shares were traded. CCO stock price reached its highest trading level at $1.825 during the session, while it also had its lowest trading level at $1.74.
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 1.03 and its Current Ratio is at 1.03.
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, Wells Fargo on December 20, 2023, Upgraded its rating to Overweight and sets its target price to $2.75 from $1.50 previously.
On July 08, 2022, Wells Fargo Downgraded its rating to Equal Weight which previously was Overweight and also lowered its target price recommendation from $4 to $1.50.
Barrington Research Upgraded its Mkt Perform to Outperform on November 11, 2021, while the target price for the stock was maintained at $5.
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 10 ’24 when PACIFIC INVESTMENT MANAGEMENT sold 12,584 shares for $1.55 per share. The transaction valued at 19,505 led to the insider holds 104,859,957 shares of the business.
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 899219968 and an Enterprise Value of 7866225664. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.38. Its current Enterprise Value per Revenue stands at 3.623 whereas that against EBITDA is 15.108.
Stock Price History:
Over the past 52 weeks, CCO has reached a high of $2.06, while it has fallen to a 52-week low of $1.04. The 50-Day Moving Average of the stock is 17.62%, while the 200-Day Moving Average is calculated to be 14.60%.
Shares Statistics:
According to the various share statistics, CCO traded on average about 1.69M shares per day over the past 3-months and 1756640 shares per day over the past 10 days. A total of 483.06M shares are outstanding, with a floating share count of 353.28M. Insiders hold about 27.71% of the company’s shares, while institutions hold 72.65% stake in the company. Shares short for CCO as of 1719532800 were 32442837 with a Short Ratio of 19.15, compared to 1717113600 on 31784136. Therefore, it implies a Short% of Shares Outstanding of 32442837 and a Short% of Float of 11.06.
