Trend Strength: *****, Change: 3.1% Trend start: Wednesday, 2014-10-29 14:00
Despite the fact that the Clear Channel Outdoor Holdings (CCO) published it's earnings worse than expected (but the revenue was better than anticipated), the price of it's stocks rose by more than 5% since Wednesday. Probably investors find this information as positive. It's good to remind that the stocks of Clear Channel Outdoor Holdings declined by 23 percent since the beginning of 2014. It's a good occasion to reverse a downward trend.
The value indicators for both securities have completely different values. The P/E ratio for Lamar Advertising Company (LAMR) equals nearly 80, the P/BV ratio equals 5.49. In case of the Clear Channel Outdoor Holdings the P/E ratio equals -98.57 and the P/BV ratio equals -26.07.