Lamar Advertising Stock Hits New 52-Week Low (LAMR)

NEW YORK ( TheStreet) -- Lamar Advertising (Nasdaq: LAMR) hit a new 52-week low Friday as it is currently trading at $18.20, below its previous 52-week low of $18.24 with 823,999 shares traded as of 2:31 p.m. ET. Average volume has been 877,500 shares over the past 30 days.

Lamar Advertising has a market cap of $1.6 billion and is part of the services sector and media industry. Shares are down 50.9% year to date as of the close of trading on Thursday.

Lamar Advertising Company, together with its subsidiaries, provides various outdoor advertising services.
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TheStreet Ratings rates Lamar Advertising as a sell. The company's weaknesses can be seen in multiple areas, such as its weak operating cash flow and generally disappointing historical performance in the stock itself. You can view the full Lamar Advertising Ratings Report.

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