Is it Time to Dump Clear Channel Outdoor Holdings Inc (CCO) Stock After it Has Fallen 9.32% in a Week?

Clear Channel Outdoor Holdings Inc (CCO) stock has fallen 9.32% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Clear Channel Outdoor Holdings Inc has a Bearish 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?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. 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 has fallen -1.83% while the S&P 500 has risen 0.81% as of 3:35 PM on Monday, Mar 20. CCO has fallen -$0.02 from the previous closing price of $1.09 on volume of 1,447,525 shares. Over the past year the S&P 500 has fallen -11.50% while CCO has fallen -69.94%. CCO lost -$0.20 per share in the over the last 12 months. To see InvestorsObserver's Sentiment Score for 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; Airports; Europe-North and Europe-South. The company generates maximum revenue from the America segment. The America segment serves markets throughout the U.S., with over 90% of its revenue generated from billboard displays. Click Here to get the full Stock Report for Clear Channel Outdoor Holdings Inc stock.