Clear Channel Outdoor Holdings Inc. (NYSE:CCO) traded at a new 52-week high today of $4.10. Approximately 705,000 shares have changed hands today, as compared to an average 30-day volume of 2.7 million shares.
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.
Clear Channel Outdoor Holdings Inc. (NYSE:CCO) has potential upside of 13.0% based on a current price of $3.87 and analysts’ consensus price target of $4.38.
Clear Channel Outdoor Holdings Inc. share prices have moved between a 52-week high of $4.10 and a 52-week low of $1.64 and are now trading 136% above that low price at $3.87 per share.
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