Clear Channel Outdoor Holdings Inc. CCO was a big mover last session, as the company saw its shares rise around 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 17.5% in the past one-month time frame.
None of the estimates for this advertising and marketing services stock were revised over the past seven days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Clear Channel Outdoor currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is positive.
A better-ranked stock in the same industry is Harte-Hanks Inc. HHS, sporting a Zacks Rank #1 (Strong Buy).
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