Entravision Communications (NYSE:EVC) Share Price Passes Above 200-Day Moving Average - Should You Sell?

Entravision Communications Co. (NYSE:EVC - Get Free Report)'s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $2.06 and traded as high as $2.35. Entravision Communications shares last traded at $2.29, with a volume of 140,749 shares traded.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Entravision Communications from a "sell" rating to a "hold" rating in a research note on Saturday, July 20th.

Entravision Communications Stock Performance

The business's fifty day moving average price is $2.07 and its 200-day moving average price is $2.06. The stock has a market capitalization of $207.24 million, a PE ratio of -3.05 and a beta of 0.98. The company has a debt-to-equity ratio of 0.85, a current ratio of 3.04 and a quick ratio of 3.04.

Entravision Communications (NYSE:EVC - Get Free Report) last announced its quarterly earnings results on Thursday, August 8th. The company reported $0.04 EPS for the quarter. The firm had revenue of $82.65 million during the quarter. Entravision Communications had a negative net margin of 10.06% and a negative return on equity of 5.24%.

Entravision Communications Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Monday, September 16th were paid a $0.05 dividend. The ex-dividend date was Monday, September 16th. This represents a $0.20 dividend on an annualized basis and a yield of 8.64%. Entravision Communications's dividend payout ratio is currently -26.67%.

Institutional Trading of Entravision Communications

Large investors have recently modified their holdings of the business. Hsbc Holdings PLC increased its stake in Entravision Communications by 46.3% in the second quarter. Hsbc Holdings PLC now owns 106,841 shares of the company's stock valued at $221,000 after acquiring an additional 33,812 shares during the last quarter. Empowered Funds LLC raised its holdings in shares of Entravision Communications by 8.2% during the 1st quarter. Empowered Funds LLC now owns 367,110 shares of the company's stock valued at $602,000 after buying an additional 27,792 shares in the last quarter. SG Americas Securities LLC lifted its position in Entravision Communications by 51.2% in the 1st quarter. SG Americas Securities LLC now owns 24,437 shares of the company's stock worth $40,000 after buying an additional 8,280 shares during the last quarter. Vanguard Group Inc. grew its position in Entravision Communications by 9.0% during the first quarter. Vanguard Group Inc. now owns 3,226,137 shares of the company's stock valued at $5,291,000 after acquiring an additional 266,642 shares during the last quarter. Finally, Founders Financial Securities LLC purchased a new position in shares of Entravision Communications during the second quarter worth approximately $33,000. Institutional investors own 69.46% of the company's stock.

Entravision Communications Company Profile

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.