On Tuesday, Clear Channel Outdoor Holdings Inc (NYSE: CCO) opened at On Tuesday, remained unchanged from the last session, before settling in for the closing price of $1.55. Price fluctuations for CCO have ranged from $1.29 to $2.06 over the past 52 weeks.
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During the last 5-year period, the sales drop of Communication Services Sector giant was -3.19%. Company’s average yearly earnings per share was noted 51.15% at the time writing. With a float of $345.81 million, this company’s outstanding shares have now reached $488.95 million.
Let’s determine the extent of company efficiency that accounts for 3900 employees. In terms of profitability, gross margin is 42.1%, operating margin of 14.36%, and the pretax margin is -6.92%.
Clear Channel Outdoor Holdings Inc (CCO) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Advertising Agencies industry is another important factor to consider. The insider ownership of Clear Channel Outdoor Holdings Inc is 29.29%, while institutional ownership is 72.26%. The most recent insider transaction that took place on Nov 05 ’24, was worth 365,000. In this transaction 10% Owner of this company bought 250,000 shares at a rate of $1.46, taking the stock ownership to the 52,432,534 shares. Before that another transaction happened on Nov 04 ’24, when Company’s 10% Owner bought 250,000 for $1.45, making the entire transaction worth $362,500. This insider now owns 52,182,534 shares in total.
Clear Channel Outdoor Holdings Inc (CCO) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 51.15% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.00% during the next five years compared to 8.15% growth over the previous five years of trading.
Clear Channel Outdoor Holdings Inc (NYSE: CCO) Trading Performance Indicators
Check out the current performance indicators for Clear Channel Outdoor Holdings Inc (CCO). In the past quarter, the stock posted a quick ratio of 1.00. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.34.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.26, a number that is poised to hit 0.02 in the next quarter and is forecasted to reach -0.16 in one year’s time.
Technical Analysis of Clear Channel Outdoor Holdings Inc (CCO)
Looking closely at Clear Channel Outdoor Holdings Inc (NYSE: CCO), its last 5-days average volume was 0.96 million, which is a drop from its year-to-date volume of 1.89 million. As of the previous 9 days, the stock’s Stochastic %D was 55.97%. Additionally, its Average True Range was 0.05.
During the past 100 days, Clear Channel Outdoor Holdings Inc’s (CCO) raw stochastic average was set at 53.19%, which indicates a significant increase from 40.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.27% in the past 14 days, which was lower than the 47.78% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.5576, while its 200-day Moving Average is $1.5472. However, in the short run, Clear Channel Outdoor Holdings Inc’s stock first resistance to watch stands at $1.5633. Second resistance stands at $1.5767. The third major resistance level sits at $1.5933. If the price goes on to break the first support level at $1.5333, it is likely to go to the next support level at $1.5167. Now, if the price goes above the second support level, the third support stands at $1.5033.
Clear Channel Outdoor Holdings Inc (NYSE: CCO) Key Stats
There are currently 489,078K shares outstanding in the company with a market cap of 758.07 million. Presently, the company’s annual sales total 2,127 M according to its annual income of -310,920 K. Last quarter, the company’s sales amounted to 558,990 K and its income totaled -32,540 K.
