Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
As of close of business last night, Clear Channel Outdoor Holdings Inc’s stock clocked out at $1.15, up 2.68% from its previous closing price of $1.12. In other words, the price has increased by $2.68 from its previous closing price. On the day, 2.37 million shares were traded.
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 1.43 and its Current Ratio is at 1.43.
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:
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 May 08 ’25 when MORENO ARTURO R bought 200,000 shares for $1.09 per share. The transaction valued at 218,000 led to the insider holds 62,894,358 shares of the business.
MORENO ARTURO R bought 169,658 shares of CCO for $186,624 on May 09 ’25. The 10% Owner now owns 63,064,016 shares after completing the transaction at $1.10 per share. On May 07 ’25, another insider, MORENO ARTURO R, who serves as the 10% Owner of the company, bought 120,443 shares for $1.09 each. As a result, the insider paid 131,283 and bolstered with 62,694,358 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.30.
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 5.72%, while the 200-Day Moving Average is calculated to be -17.44%.
Shares Statistics:
A total of 490.91M shares are outstanding, with a floating share count of 341.85M. Insiders hold about 31.18% of the company’s shares, while institutions hold 71.06% stake in the company.
