Entravision Communications Co. (NYSE:EVC - Get Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $2.09 and traded as high as $2.64. Entravision Communications shares last traded at $2.57, with a volume of 285,395 shares.
Wall Street Analyst Weigh In
Separately, StockNews.com upgraded shares of Entravision Communications from a "sell" rating to a "hold" rating in a research report on Saturday, July 20th.
Check Out Our Latest Stock Report on EVC
Entravision Communications Stock Performance
The company has a quick ratio of 3.04, a current ratio of 2.70 and a debt-to-equity ratio of 0.90. The stock has a fifty day moving average price of $2.18 and a two-hundred day moving average price of $2.09. The company has a market capitalization of $231.27 million, a price-to-earnings ratio of -2.07 and a beta of 0.97.
Entravision Communications Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th will be issued a $0.05 dividend. The ex-dividend date is Monday, December 16th. This represents a $0.20 dividend on an annualized basis and a yield of 7.78%. Entravision Communications's dividend payout ratio (DPR) is -16.13%.
Institutional Investors Weigh In On Entravision Communications
Hedge funds have recently modified their holdings of the company. Empowered Funds LLC boosted its position in Entravision Communications by 8.2% during the first quarter. Empowered Funds LLC now owns 367,110 shares of the company's stock worth $602,000 after acquiring an additional 27,792 shares during the last quarter. SG Americas Securities LLC boosted its holdings in shares of Entravision Communications by 51.2% during the first quarter. SG Americas Securities LLC now owns 24,437 shares of the company's stock worth $40,000 after purchasing an additional 8,280 shares during the last quarter. Vanguard Group Inc. grew its position in shares of Entravision Communications by 9.0% in the first quarter. Vanguard Group Inc. now owns 3,226,137 shares of the company's stock valued at $5,291,000 after purchasing an additional 266,642 shares during the period. Gamco Investors INC. ET AL increased its stake in Entravision Communications by 68.0% in the first quarter. Gamco Investors INC. ET AL now owns 436,000 shares of the company's stock valued at $715,000 after purchasing an additional 176,500 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in Entravision Communications by 3.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 704,510 shares of the company's stock worth $1,430,000 after buying an additional 25,681 shares during the last quarter. 69.46% of the stock is owned by institutional investors and hedge funds.
Entravision Communications Company Profile
(
Get Free Report)
Entravision Communications Corporation operates as an advertising solutions, media, and technology company worldwide. The company operates through three segments: Digital, Television, and Audio. It reaches and engages Hispanics in the United States. The company's portfolio encompasses integrated end-to-end advertising solutions, including digital, television, and audio properties.
Further Reading
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