Do Traders Think Clear Channel Outdoor Holdings Inc (CCO) Can Keep Climbing Friday?

Overall market sentiment has been high on Clear Channel Outdoor Holdings Inc (CCO) stock lately. CCO receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Clear Channel Outdoor Holdings Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on CCO!

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What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With CCO Stock Today?

Clear Channel Outdoor Holdings Inc (CCO) stock is unmoved 0% while the S&P 500 is down -0.11% as of 10:50 AM on Friday, Sep 24. CCO is unmoved $0.00 from the previous closing price of $2.79 on volume of 1,172,204 shares. Over the past year the S&P 500 has risen 37.30% while CCO is up 184.69%. CCO lost -$1.34 per share in the over the last 12 months. To screen for more stocks like Clear Channel Outdoor Holdings Inc click here.

More About Clear Channel Outdoor Holdings Inc

Clear Channel Outdoor Holdings Inc is one of the world's largest outdoor advertising companies. The company is engaged in providing advertising opportunities through billboards, street furniture displays, transit displays, and other out-of-home advertising displays for its clients. Its reportable segment includes America's outdoor advertising and International outdoor advertising. The company generates most of its revenue from the Americas outdoor advertising. Click Here to get the full Stock Report for Clear Channel Outdoor Holdings Inc stock.