What is the Market's View on Clear Channel Outdoor Holdings Inc (CCO) Stock's Price and Volume Trends Tuesday?

The market has been down on Clear Channel Outdoor Holdings Inc (CCO) stock recently. CCO gets a Bearish score from InvestorsObserver Stock 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?

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. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With CCO Stock Today?

Clear Channel Outdoor Holdings Inc (CCO) stock is trading at $1.35 as of 12:43 PM on Tuesday, Nov 21, a loss of -$0.04, or -3.24% from the previous closing price of $1.39. The stock has traded between $1.33 and $1.38 so far today. Volume today is below average. So far 987,291 shares have traded compared to average volume of 4,362,193 shares. 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's outdoor advertising and International outdoor advertising. The company generates most of its revenue from America's outdoor advertising. Click Here to get the full Stock Report for Clear Channel Outdoor Holdings Inc stock.