|Bid||2.8300 x 2200|
|Ask||2.8400 x 2900|
|Day's range||2.8100 - 3.0150|
|52-week range||1.6400 - 3.7000|
|Beta (5Y monthly)||2.45|
|PE ratio (TTM)||N/A|
|Earnings date||24 Feb 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||4.10|
Clear Channel Outdoor (CCO) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.
The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But if you pick the right...
Shares of Clear Channel Outdoor Holdings (NYSE: CCO) were moving higher today after the outdoor advertising company raised its fourth-quarter guidance and said that it was considering selling its European business. In a press release this morning, Clear Channel said that its board of directors had authorized a strategic review of its European business, which includes a potential sale. CEO William Eccleshare added in a statement, "We believe now is the right time to explore options for our European business, which delivered significant improvements in revenue performance in the third quarter, and we now expect Europe revenue in the fourth quarter to exceed our results in the same period of 2019."