For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
Clear Channel Outdoor Holdings Inc (NYSE: CCO) closed the day trading at $0.85 down -5.56% from the previous closing price of $0.90. In other words, the price has decreased by -$5.56 from its previous closing price. On the day, 5.21 million shares were traded.
Ratios:
For a better understanding of CCO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.30 and its Current Ratio is at 1.30.
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 September 19, 2024, Downgraded its rating to Equal Weight and sets its target price to $1.75 from $2.75 previously.
On December 20, 2023, Wells Fargo Upgraded its rating to Overweight which previously was Equal Weight and also upped its target price recommendation from $1.50 to $2.75.
Wells Fargo Downgraded its Overweight to Equal Weight on July 08, 2022, whereas the target price for the stock was revised from $4 to $1.50.
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 Apr 04 ’25 when MORENO ARTURO R bought 2,500,000 shares for $0.97 per share. The transaction valued at 2,425,000 led to the insider holds 54,932,534 shares of the business.
MORENO ARTURO R bought 2,500,000 shares of CCO for $2,350,000 on Apr 07 ’25. The 10% Owner now owns 57,432,534 shares after completing the transaction at $0.94 per share. On Mar 31 ’25, another insider, RAINEY MARY TERESA, who serves as the Former Director of the company, bought 100,000 shares for $1.12 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.21.
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 -31.46%, while the 200-Day Moving Average is calculated to be -41.59%.
Shares Statistics:
A total of 489.21M shares are outstanding, with a floating share count of 347.58M. Insiders hold about 29.07% of the company’s shares, while institutions hold 72.10% stake in the company.
