Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) went down by -1.15% from its latest closing price when compared to the 1-year high value of $6.38, while CCO stocks collected +3.21% of gains with the last five trading sessions.
Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) Worth an Investment?
Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) The 36 Months beta value for CCO stocks is at 0.99, while 2 of the analysts out of 3 who provided ratings for Clear Channel Outdoor Holdings, Inc. stocks as a “buy” while 0 as overweight, 1 rated it as hold and 0 as sell. The average price we get from analysts is $6.50 which is $1.36 above current price. CCO currently has a short float of 0.83% and public float of 37.64M with average trading volume of 268.00K shares.
CCO Market Performance
CCO stocks went up by 3.21% for the week, with the monthly drop of -3.75% and a quarterly performance of 4.47%, while its annual performance rate touched 9.36%. The simple moving average for the period of the last 20 days is 2.81% for CCO stocks with the simple moving average of -3.23% for the last 200 days.
Analysts’ Opinion on Clear Channel Outdoor Holdings, Inc. (NYSE: CCO)
Many brokerage firms have already submitted their reports for CCO stocks, with Barrington Research repeating the rating for CCO shares by setting it to “Outperform”. The predicted price for CCO socks in the upcoming period according to Barrington Research is $6.50 based on the research report published on March 11, 2019.
CCO Stocks -1.67% Far from 50 Day Moving Average
After a stumble in the market that brought CCO to its low price for the period of the last 52 weeks, Clear Channel Outdoor Holdings, Inc. was unable to take a rebound, for now settling with -19.44% of loss for the given period.
The stock volatility was left at 5.84%, however, within the period of a single month, the volatility rate increased by 5.54%, while the shares sank at the distance of -6.03% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +2.39% upper at the present time.
In the course of the last 5 trading sessions, CCO went up by +3.21%, which changed the moving average for the period of 200 days to the total of +19.53% of gains for the stock in comparison to the 20-day moving average settled at $4.98. In addition, Clear Channel Outdoor Holdings, Inc. saw -0.96% in overturn over the period of a single year with a tendency to cut further losses.
CCO Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Clear Channel Outdoor Holdings, Inc. (CCO), starting from PACIFIC INVESTMENT MANAGEMENT , who sold 1,201,851 shares at the price of $5.05 back on May 14. After this action, Rushing now owns 72,989,057 shares of Clear Channel Outdoor Holdings, Inc., valued at $6,070,213 with the latest closing price.
CCO Stock Fundamentals
The current profitability levels are settled at +9.45 for the present operating margin and +34.25 for gross margin. The net margin for Clear Channel Outdoor Holdings, Inc. stands at -8.02. Total capital return value is set at 7.76, while invested capital returns managed to touch -6.92.
EBITDA value lies at +87.71 M with total debt to EBITDA carrying the value of 9.20. The value for Enterprise to Sales is 2.57 with debt to enterprise value settled at 0.74. The receivables turnover for Clear Channel Outdoor Holdings, Inc. is 3.96 with the total asset turnover at the value of 0.57. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.39.