KD Logo

Investing in Outfront Media Inc (OUT): What You Must Know

NUE

As this happened, TD Cowen initiated its Outfront Media Inc [OUT] rating to a Hold in a research note published on July 16, 2024; the price target was $16. A number of analysts have revised their coverage, including Oppenheimer’s analysts, who decreased its forecast for the stock in early August from “an Outperform” to “a Perform”. JP Morgan also remained covering OUT and has decreased its forecast on August 04, 2023 with a “Neutral” recommendation from previously “an Overweight” rating. Wolfe Research started covering the stock on March 29, 2022. It rated OUT as “an Outperform”.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Price Performance Review of OUT

On Tuesday, Outfront Media Inc [NYSE:OUT] saw its stock jump 0.51% to $17.73. Over the last five days, the stock has gained 8.84%. Outfront Media Inc shares have risen nearly 27.01% since the year began. Nevertheless, the stocks have risen 64.01% over the past one year. While a 52-week high of $17.75 was reached on 09/17/24, a 52-week low of $8.18 was recorded on 02/20/24. SMA at 50 days reached $15.92, while 200 days put it at $14.80.

Levels Of Support And Resistance For OUT Stock

The 24-hour chart illustrates a support level at 17.59, which if violated will result in even more drops to 17.44. On the upside, there is a resistance level at 17.98. A further resistance level may holdings at 18.23. The Relative Strength Index (RSI) on the 14-day chart is 67.07, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.69, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 13.79%. Stochastics %K at 91.38% indicates the stock is a selling.

How much short interest is there in Outfront Media Inc?

A steep rise in short interest was recorded in Outfront Media Inc stocks on 2024-08-30, dropping by -1.38 million shares to a total of 5.03 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-31 was 6.41 million shares. There was a decline of -27.48%, which implies that there is a negative sentiment for the stock.

Most Popular