Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating 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
As of close of business last night, Clear Channel Outdoor Holdings Inc.’s stock clocked out at $1.55, down -1.90% from its previous closing price of $1.58. In other words, the price has decreased by -$1.90 from its previous closing price. On the day, 1.2 million shares were traded. CCO stock price reached its highest trading level at $1.585 during the session, while it also had its lowest trading level at $1.54.
Ratios:
To gain a deeper understanding of CCO’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.02 and its Current Ratio is at 1.02.
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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jul 30 ’24 when PACIFIC INVESTMENT MANAGEMENT sold 46,959 shares for $1.69 per share. The transaction valued at 79,361 led to the insider holds 104,812,998 shares of the business.
PACIFIC INVESTMENT MANAGEMENT sold 12,584 shares of CCO for $19,505 on Apr 10 ’24. The 10% Owner now owns 104,859,957 shares after completing the transaction at $1.55 per share.
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 757867840 and an Enterprise Value of 7788169216. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.34. Its current Enterprise Value per Revenue stands at 3.541 whereas that against EBITDA is 15.335.
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 0.51%, while the 200-Day Moving Average is calculated to be -1.70%.
Shares Statistics:
It appears that CCO traded 1.72M shares on average per day over the past three months and 1057550 shares per day over the past ten days. A total of 483.06M shares are outstanding, with a floating share count of 354.66M. Insiders hold about 27.47% of the company’s shares, while institutions hold 73.47% stake in the company. Shares short for CCO as of 1727654400 were 29814856 with a Short Ratio of 17.35, compared to 1724976000 on 31636219. Therefore, it implies a Short% of Shares Outstanding of 29814856 and a Short% of Float of 10.16.
