Outfront Media Inc (NYSE:OUT) currently has a daily average trading volume of 1.98M but it saw 1848099 shares traded in last market. With a market cap of 2.70B USD, the company’s current market price of $16.29 came rising about 2.71 while comparing to the previous closing price of $15.86. 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 $15.65, while its current price level is -4.29% below from 52-week high level whereas it is 99.14% 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 $15.63 while that of 200 days or SMA-200 reads an average of $13.00. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.14% during that period while stretching the period over a month that decreases to 2.90%. 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 60.97 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 5.44% up while it is 0.62% when we observe its performance for the past one month. Year-to-date it is 16.69% up and over the past year, the stock is showing a downside performance of -3.09%.
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 21.36 of forward P/E ratio. Stock’s beta reads 1.87. Stock has a price to book (P/B) ratio of 4.43 while price to sale or P/S ratio amounts to 1.48. Its return on asset (ROA) is -7.44% on average.
