Outfront Media Inc (NYSE:OUT) currently has a daily average trading volume of 2.08M but it saw 1214112 shares traded in last market. With a market cap of 2.46B USD, the company’s current market price of $14.86 came falling about -1.78 while comparing to the previous closing price of $15.13. In past 52 weeks, the stock remained buoying in the range of price level as high as $17.02 and as low as $8.18.
Taking a look at 20-day trading activity of Outfront Media Inc (OUT) gives us an average price of $16.08, while its current price level is -12.69% below from 52-week high level whereas it is 81.66% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $15.09 while that of 200 days or SMA-200 reads an average of $13.02. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.83% during that period while stretching the period over a month that decreases to 2.77%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 36.41 which implies that the stock is in neutral territory.
JP Morgan downgraded its recommendation for the stock as a “Neutral” from “Overweight” on August 04, 2023 while assigning a price target range of $20-$14. Wolfe Research issued its recommendations for the stock as it initiated the price target for the stock is $34.
Over the week, OUT’s stock price is moving -6.31% down while it is -5.89% when we observe its performance for the past one month. Year-to-date it is 6.45% up and over the past year, the stock is showing a downside performance of -9.33%.
Currently, Outfront Media Inc’s total number of outstanding shares is 165.05M. Company’s return on investment (ROI) stands at -9.11% and return on equity (ROE) at -41.54%. It has a 19.63 of forward P/E ratio. Stock’s beta reads 1.89. Stock has a price to book (P/B) ratio of 4.04 while price to sale or P/S ratio amounts to 1.35. Its return on asset (ROA) is -7.44% on average.
