Entravision Communications Co. (NYSE:EVC - Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $2.19 and traded as high as $2.36. Entravision Communications shares last traded at $2.36, with a volume of 143,023 shares trading hands.
Entravision Communications Trading Up 2.4 %
The company has a current ratio of 2.70, a quick ratio of 2.70 and a debt-to-equity ratio of 0.90. The firm has a market cap of $211.93 million, a price-to-earnings ratio of -1.90 and a beta of 0.98. The company has a fifty day moving average price of $2.43 and a 200-day moving average price of $2.19.
Entravision Communications Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th were given a $0.05 dividend. The ex-dividend date of this dividend was Monday, December 16th. This represents a $0.20 annualized dividend and a yield of 8.49%. Entravision Communications's dividend payout ratio is presently -16.13%.
Hedge Funds Weigh In On Entravision Communications
Several institutional investors have recently made changes to their positions in the company. SG Americas Securities LLC increased its holdings in Entravision Communications by 67.9% in the third quarter. SG Americas Securities LLC now owns 21,451 shares of the company's stock valued at $44,000 after buying an additional 8,674 shares in the last quarter. Fidelis Capital Partners LLC acquired a new stake in shares of Entravision Communications during the 2nd quarter valued at about $46,000. Factorial Partners LLC purchased a new position in shares of Entravision Communications in the 3rd quarter valued at about $52,000. The Manufacturers Life Insurance Company raised its holdings in Entravision Communications by 122.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 29,154 shares of the company's stock worth $59,000 after purchasing an additional 16,072 shares during the period. Finally, FMR LLC boosted its position in Entravision Communications by 104.1% during the third quarter. FMR LLC now owns 35,495 shares of the company's stock worth $73,000 after purchasing an additional 18,106 shares in the last quarter. 69.46% of the stock is owned by hedge funds and other institutional investors.
About Entravision Communications
(
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.
Featured Articles
Before you consider Entravision Communications, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Entravision Communications wasn't on the list.
While Entravision Communications currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2025 and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.